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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (4195)12/3/1997 3:49:00 PM
From: Doug R  Read Replies (1) | Respond to of 4701
 
Dave,

The short-term TA for MTON is quite good but it needs to improve even more to turn the long term profile around. That old uptrend gave it quite a bump on the head today but it appears to be somewhat weak since the price has made a couple forays above it. The current short-term uptrend from the low on 10/28 to the low on 11/13 converges with that old uptrend in mid to late January. It will be interesting to watch the dynamics play out if the current short-term uptrend remains intact and the old uptrend remains resistance until then.

Doug R