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


To: Chris who wrote (11772)3/23/2001 7:26:23 PM
From: TechTrader42  Respond to of 12039
 
The narrowing of the Bollinger bands in AMAT's weekly chart is interesting. A breakout soon one way or the other, perhaps.

Maybe it'll break out to the upside and fill the small downgap from 10/03. Before then, it could always continue in its range for a bit longer. But only the 20/20 Hindsight© system can say for sure.

AMAT really has to get past strong resistance near 54.

A busy weekend ahead of me. I'll be giving trading seminars at Perfect Trader Inc.'s corporate headquarters: cdc.state.ca.us

Maybe some popular gurus will be there!