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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: jair who wrote (8022)2/26/2001 3:37:01 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Jair:

MAIL's chart formation looks something like a Head and Shoulders formation but lacks the shoulders on the side of the head... The pattern more closely represents a cup and handle formation... bigcharts.com

Here is a sample Head & Shoulders pattern... chartpatterns.com

Any 10 people might interpret a chart 10 different ways... The more you look at charts the greater the feel you'll have for them...

Williams %R:

Williams %R
The Williams %R is a momentum indicator that attempts to measure
overbought (bearish) and oversold (bullish) levels. According to some
market analysts, when the indicator reaches levels of 80-100, it suggests
the security is oversold, and readings in the 0-20 range signal
overbought conditions.
equis.com

Jim