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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Runomoâ„¢ who wrote (14335)4/7/2004 8:22:35 AM
From: robert b furman  Read Replies (1) | Respond to of 207320
 
Hi Mo,

Nice call on Amat's cup and Handle!!

Here is your chart - updated.

stockcharts.com[w,a]waclyiay[pc50][vc60][iLp14,3,3!Lb14]&pref=G

The decline of the handle is over - price is now rising.Stochastic and RSI are blasting up.

Although sporadic - the handle's rise is generally quick after the downward slope reverses.

I can't help but get excited to see this reversal develope.It is a nice place to be moderately aggressive and "ADD To" on an intraday dip in price.

Next moment of maximum excitement is right up at the break out.Must be on big volume - if so : Time to "ADD TO" again on a breakout and/or dip to the breakout - if given the opportunity.

Of course all of these add tos are speculative and need to be monitorred closely to prevent a burn if Rally fails.

I just don't see that happening.I'm long and feeling good about it.

I do appreciate your great work and the sharing of it.

Thanks

Bob

stockcharts.com[w,a]waclyiay[pc50][vc60][iLp14,3,3!Lb14]&pref=G