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


To: minorejoy2000 who wrote (408)2/16/2001 7:52:04 PM
From: Challo Jeregy  Respond to of 52237
 
www2.marketwatch.com



To: minorejoy2000 who wrote (408)2/17/2001 11:32:44 AM
From: Al Serrao  Respond to of 52237
 
minorejoy2000,like the famous saying" it all depends". In this case which chart you care to use.

Using P&F charting it looks like stockcharts.com

This has all the makings of a high poll. Typically wait for the three box reversal and then short it with close stops. If you are currently long, then you would sell. This stock has gone straight up almost 40 points. In other words take some profit.

Using candlesticks its unreadable and looks like
stockcharts.com

However, if you look at MACD it looks like steady distribution going on.

Hope this helps and remember we all reserve the right to be wrong.