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


To: Magnifique who wrote (1336)12/6/1997 11:03:00 PM
From: stan s.  Read Replies (2) | Respond to of 1391
 
PLAT, charts telling the story here. Tested support a number of times, now
it's banging it 's head on resistance on good volume.
geocities.com

Indicators still look pretty strong, a recent MACD buy as well.

Tough part is that it's a new high and these can be a real hurdle.

If I were looking to buy I would wait for a clean break and hold over
28 1/4, or wait for a possible retest of 25 1/4 or whatever support
would form off a failure.

If I owned it I'd hold it unless it broke support....no indications of that.

Stan