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


To: Paul Shread who wrote (36791)11/30/2000 11:35:46 AM
From: Debra Orlow  Respond to of 42787
 
Paul:
re PAYX

This one is hard to figure for a target since there is really no obvious pattern formation outside of the momentum indicators and volume patterns. So then I defer to the intraday supports if they have been confirmed with volume. I'm looking at mid 55s for 1st stop. Then I will watch carefully.

Anytime there is a bullish intraday divergence with both my MACD and stoch, I'm out at the first sign of strength. Even if it hasn't hit that first target yet.

Make any sense?
Debra



To: Paul Shread who wrote (36791)11/30/2000 11:55:16 AM
From: Debra Orlow  Read Replies (1) | Respond to of 42787
 
Paul
re PAYX

Take a peek at the last 3/4 hour with 5 minute bars. Someone's unloading IMO.

Debra