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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (38611)2/21/2001 3:06:01 PM
From: Doug R  Read Replies (2) | Respond to of 79273
 
CCMP and CHIC are IL violators. CHIC has the larger % drop ahead of it but CCMP may be faster.
For CCMP the ACT is at 67 today
Not a great % return but not bad
Yesterday's low was right on the IL
The ACT moves up 7/16 per day
Alot of volume today again with no real upward movement. 13 CCI and 4,3,2 stos look ragged
Typical timeframe from peak to ACT puts the ACT at 76 as a target
It could go to 70 if it's faster

CHIC closed on the IL yesterday and the ACT is approaching 16 very slowly.

Doug R