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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: pressboxjr who wrote (12346)3/10/2001 9:15:59 PM
From: captain_midnite  Read Replies (1) | Respond to of 30051
 
An illustration of possible change (to the upside) of downward channel in COMPX. The linked chart is thanks to "cybersavvy". COMPX sitting on the lower boundary of new channel, and the top of the previous down channel.

Perhaps showing support here, and allowing, as Zeev has mentioned, a possible move to 2285 resist, outside chance to see upper Bollinger resist at 2574.

clearstation.com

Again, thanks to "cybersavvy" for putting this together. Maybe we get some relief and see 2500 again, fill that double gap around Feb 15.

Good luck all...
midnite