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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (9039)12/9/1997 2:51:00 PM
From: Dave H  Respond to of 79324
 
SCTR....failed H&S? MM manipulation? What's moving up this stock?

Anyone have a guess? It's at 14 1/8 now which puts at a tad above the recent downtrend line of the tops... it was at a low of 11 1/4 only two days ago. Today's volume is especially light, but the stock has risen 3/8...can anyone interpret this stuff for me?

thanks,
dave



To: Dave H who wrote (9039)12/9/1997 8:31:00 PM
From: RADAR )))  Respond to of 79324
 
Dave H.

A most EXCELLENT and clear explanation of the the use of DMA's and trendlines in charting. Very nice. Do post more.

RADAR



To: Dave H who wrote (9039)12/9/1997 10:09:00 PM
From: Mark[ox5]  Respond to of 79324
 
Thanks Dave, it did help. One more kernal of knowledge.

Mark



To: Dave H who wrote (9039)12/9/1997 10:15:00 PM
From: LGC  Respond to of 79324
 
Dave, Thanks, to you and Doug and others. There has been a lot of valuable TA instruction and guidance given out here tonight! This is great stuff.

Louis



To: Dave H who wrote (9039)12/9/1997 11:38:00 PM
From: Ken W  Read Replies (2) | Respond to of 79324
 
Dave H.

In reading your post. I noted that you like for all of the dMA to be in alignment with one another. In looking at the chart of PUTT this is what seems to be the case, especially after today's close the 200,100 and 50 day. 34,21. 5,8 and 13 are all in the same alignment.

Moneyflow is positive, accumilation/distribution is way above positive (the highest of the year) each day is a higher low on larger volume than the 3 month avg. past. Stoch's were a bit overbought yesterday but did correct some today. And the close today was just above resistance.

I'm thinking of giving PUTT a couple of days to comfirm the breakout above the resistance of 5/8..Comments? TIA BTW USBG at 1 5/16, testing 1 1/4 again (second time)

Ken W