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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (4350)12/16/1997 7:29:00 AM
From: Dave H  Respond to of 4701
 
Myron, BRLI is just now going to decide whether it's created a MIM or not. I see it retesting 1.44 at least one more time...the downtrend line from the potential MIM is at around 1.71 right now, so it would need to break out through that on heavy volume to confirm the MIM (thus creating the BO).
I'd watch for any break of the 1.44 support and highly consider getting out if that happened. 1.44 support goes back to august so it's a pretty good support line. I'd say it's a hold until that would happen.

-dave