Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dave H who wrote (9199)	12/12/1997 9:40:00 AM
From: Al Greenleaf	Read Replies (1) \| Respond to of 79376

As you know, the strong uptrend in PIR is still intact. MACD 12,26,9 turned down on 12/2, but yesterday's move ended that decline with a MACD cross to the upside. Stochastics has not turned yet, but RSI crosses over positive, and the money flow is becoming less negative every day. Longer term OBV, stochastic, and MACD say this one has a ways to run yet. I'd use those excellent trend line skills to find an exit point. I would use either a break of this trend, or of the next lower one Current trend (3/24/97 to 1/28/97) is steeper than the last one, (11/29/96 to 3/24/97, and these accelerating trends mean the best is yet to come. Good luck. -Al