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

To: The Perfect Hedge who wrote (888)	12/6/1997 3:42:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 1589

Glen; RE:" CKR..." I looked at the weekly candle chart on CKR and it looks very good. What does that mean when the daily looks nasty but the weekly looks pretty? Logic tells me that long term is up but short term it looks down. Right or not ? yeah, I read more into the weekly chart indications, too, Glen. What it looks like to me is this: Draw the Downtrend line on CKR's daily chart, and he's just busted that, right? Well, they usually retrace or mess around after they break those magic lines, so he could fall back to 39~40 and still look good on his Weekly Chart. Keep the faith, baby (^_^) -Steve