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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: ftth who wrote (868)12/5/1997 12:01:00 AM
From: Esteban  Read Replies (2) | Respond to of 1589
 
Any of your short candidates making patterns in the daily charts? eom



To: ftth who wrote (868)12/6/1997 1:45:00 PM
From: HeyRainier  Respond to of 1589
 
Dave, my two cents:

SLGN: a little late in the call, but definitely not a long candidate.

WII: Bounced off the 150 well, but other indicators are negative while others are moving up for a reversal. Suggest trying to find others that are more one-sided in terms of weakness.

MANU: Bullish on MANU as of Friday's close; broke through that downtrend line; other signals pointing to increased strength.

DELL: Bullish in the short term.

YHOO: That's a wonderful Ascending Triangle--I think well formed ones such as these all deserve a small bet to be placed on the table. These are good reversal patterns, and plus the short term TA characteristics on the stock are favorable. Thanks for pointing it out to me.

Regards,

Rainier