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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (7100)9/15/2002 2:26:34 PM
From: augieboo  Read Replies (1) | Respond to of 30712
 
thanks augie - how nice of you!

Hey, you're the only babe who's willing to hang around with us grunting Neanderthals, I figure we gotta keep you happy so you'll continue to grace us with your presence. (:

but I have a complaint already -g-

Uh-oh...

I don't see a d-blow on adbe, at all!

Hm... I don't either. It started a couple in the Tuesday-Wednesday-Thursday time frame, (but then it got major anti-venom), and the scan should ignore that anyway.

AWWWW RATS!

Most of adbe's move was after hours on Thursday. Left a gap up (short covering?) with a hammer (reversal Monday?).

Now we have two gaps - one above, one below price. If this were a bull market, I'd buy that lower gap fill.
Might anyway. -g-


The indicators all say up, but that Fast Sto is just a tad overbought, and the candles are telling me down. Looks like a nice little trading channel at the moment -- nice support below, and pretty tough resistance overhead. (I've added a few annotations to show what I'm looking at.)

stockcharts.com[e,a]daclyiay[db][pb13!d20,2][vc60][iUb14!Uya7,14,28!Li14,3!Lh5,5!Lp14,3,3!Le8,17,9!Ll14][J7036376,Y]&pref=G

edit - are you working with the daily chart, 60 min or 15 min?

For the scans? Daily. But, obviously I don't have it perfected yet. Oh man, now Papa Jeff is gonna send me to be with no supper again. }: