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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (11758)3/22/2001 12:43:01 PM
From: Chris  Read Replies (1) | Respond to of 12039
 
low of MO hit rough support. 40-41ish.. so we getting a bounce.

expect bounce for mo to 45 (resistance from 12/27/00) draw horizontally



To: TechTrader42 who wrote (11758)3/22/2001 12:48:50 PM
From: Chris  Respond to of 12039
 
noticed a gap on MO on 1/5/01 at 40 1/4 about

if overall trend is down, the gap will be filled. probably get filled couple weeks from now



To: TechTrader42 who wrote (11758)3/22/2001 6:37:11 PM
From: Michael Watkins  Respond to of 12039
 
Wishful Thinking© - I'm glad to see the new product line has been rolled out ahead of schedule. Perfectly Timed (of course) to coincide with a big intraday reversal. Our Marketing Department, Allan Greenspan, Soros, Joe Granville (post humously), and Goldman Sachs are all working overtime to bring hope and Wishful Thinking© to an eager public.



To: TechTrader42 who wrote (11758)3/27/2001 5:02:28 PM
From: Chris  Read Replies (2) | Respond to of 12039
 
well, mo filled the 40 gap and more.

i believe mo is testing the broken trendline from the underside (the trendline from late sept 2000

very similar to dow movement.



To: TechTrader42 who wrote (11758)3/27/2001 5:03:59 PM
From: Chris  Respond to of 12039
 
couple more TA tidbits on MO:

on the way down from 50ish to 41, it did a 38% retrace from the swing of late sept 2000 to high of early mar 2001



To: TechTrader42 who wrote (11758)4/1/2001 1:13:15 PM
From: Chris  Read Replies (2) | Respond to of 12039
 
MO ready to head down.

rising wedge on daily scale.

chartpatterns.com

disclaimer: i have no positions on MO