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Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH -- Ignore unavailable to you. Want to Upgrade?


To: Rambi who wrote (1328)12/2/1997 10:54:00 PM
From: stan s.  Respond to of 1391
 
HELE, hi Penni. It's difficult to comment much on this one because of the recent
drop. Tenuous support at 13 1/2, another line at 12 7/8 based on a compressed
weekly chart (not shown) and a little more at 11 7/8 or so coinciding with the
drop and the lower Bollingers.
geocities.com

Sell signal by these fast Stochastics... unconfirmed though. Hopefully this will
base for awhile, indicators are pretty flat...MACD buy on moderate volume.

Until today it looked like a pretty decent rally was underway...could continue,
no way to predict yet...a basing would probably be better in the long run.

You're right, PETD has hung in there ....barely...a pretty nice base is forming if
it can hold.

God luck,

Stan