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Strategies & Market Trends : Chart Dungeon -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (81)2/5/2002 10:37:13 PM
From: Lost1  Read Replies (2) | Respond to of 171
 
Dear sir gloopsalot, All the charts with descending tops,
as in wedges coming down from left to right, are to be
avoided..unless one knows the stock, hopes for a miracle,
AND has a tight assed stop

no point. there are plenty out there with ascending
patterns

this MYL is a good chart. IF you have to be long this is
the type to buy..might not be tech..probably won't be but
you'll be able to sleep

42.00 || | | | | 42.00
41.00 || | | | | 41.00
40.00 || | | | | 40.00
39.00 || | | | | 39.00
38.00 || | |X | | 38.00
37.00 || | X |X O |High| 37.00
36.00 || | X X X O|C O | | 36.00
35.00 || | 8 X O X O X O|X 1 | | 35.00
34.00 || | X O A O X O X B|X O |Avg | 34.00
33.00 || + | X O X O O X O|X O | | 33.00<
32.00 || 5 + | 6 X 9 X O X O|X + |Low | 32.00
31.00 || X O + | X O X O X O X O|+ | | 31.00
30.00 || X O + + | X O 7 O X O +| | | 30.00
29.00 || 3 X 4 O + A B +| X O X O X + | | | 29.00
28.00 ||X X O X O X O + 9 X O X O|+ 5 O X O + | | | 28.00
27.00 ||1 O X O X O X O X + X O X O X O|X + X O X + | | | 27.00
26.00 ||X O X O O O X O + X O X O O|C O + X O X + | | | 26.00
25.00 ||X O X O X O X O O|X O + X O + | | | 25.00
24.00 ||X 2 X O X 6 X O|X 1 X X + | | | 24.00
23.00 ||X O + O O 8 O| O X O X + | | | 23.00
22.00 ||X + O X |+ O X O X + | | | 22.00
21.00 || + O X +| O 3 + | | | 21.00
20.00 || + O X X X + | + | | | 20.00
19.50 || + O X O X O X + | | | | 19.50
19.00 || + O X O X O X + | | | | 19.00
18.50 ||+ O 7 O O + | | | | 18.50
18.00 || O X + | | | | 18.00
17.50 || O X + | | | | 17.50
17.00 || O X + | | | | 17.00
16.50 || O X + | | | | 16.50
16.00 || O + | | | | 16.00
15.50 || + | | | | 15.50
15.00 || | | | | 15.00
14.50 || | | | | 14.50
14.00 || | | | | 14.00
00 01 02
--------------------------------------------------------------------------------
+ = bearish resistance line
+ = bullish support line


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