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To: GROUND ZERO™ who wrote (7390)10/7/2011 1:50:09 PM
From: Lazarus1 Recommendation  Read Replies (1) | Respond to of 17549
 
here is what i see looking at a chart for FAS which is typical of what i am seeing in other stocks

note the bullish breakout line = W

then the resistance line R

we need to break through that resistance.

if we do the STOCHS (see the S at the bottom) will get up there and get imbedded and we're off. otherwise the stochs roll over along with stock.

anyway -- thats the way i see it.