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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (34163)10/26/2000 4:49:33 PM
From: Galirayo  Read Replies (1) | Respond to of 42787
 
It sure Cut thru that 20 period MA too.

wsrn.com

Basing is a Good thing.

EOD Candle is a Takuri Line or ...... Powerful Hammer.

Ray



To: Paul Shread who wrote (34163)10/26/2000 5:39:36 PM
From: Chris  Read Replies (3) | Respond to of 42787
 
I am looking at another chart.. will post tonight.

i think i called the bottom by the minute <gggg>



To: Paul Shread who wrote (34163)10/26/2000 5:50:21 PM
From: StockOperator  Read Replies (1) | Respond to of 42787
 
Wow, I stepped out for a couple of hours and missed all the excitement. This breakout seen has two sixty min. bars going almost vertical (NAZ). Without a doubt a trend that cannot continue. With this kind of dramatic volatility closing weekly prices will matter even more.

Can't wait to see how the week finishes off. Here are two things to watch tomorrow heading into this weekend. QCOM which is trying very hard to turnaround on a longer term basis, had quite a day today - up over six. Check the daily bar chart - definite H&S pattern establishing. If prices continue higher the closing price relative to the open should be watched here. Any break of 73 with higher volume I would view as positive. AMZN broke through a short term res. area. A close tomorrow above 40 with volume, imo, would be very positive because of the heavy resistance in this area.

Tons of charts to look over.

Good luck trading.

SO