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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (5741)11/14/2001 9:24:10 PM
From: Rich1  Respond to of 99280
 
Thats what 38 percent retrace..



To: ajtj99 who wrote (5741)11/14/2001 10:21:20 PM
From: ajtj99  Respond to of 99280
 
Rich, COMPX 1716 is a .382 re-trace of the move up from 1383-1922, so I think the first stopping point would be 1740-1754, as that has served as pretty decent support/resistance recently.

Interestingly, 1795 (nearly 1793) is a .764 re-trace and 1806 (nearly 1802) is a .786 re-trace. 1652 is a 50% re-trace, and that is close to 1646 where we bounced before.
1588 is a .382 re-trace, close to support at 1580.


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