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

To: freelyhovering who wrote (9401)	12/18/1997 8:06:00 AM
From: Dave H	Respond to of 79382

Myron, The monthly chart does shoe sort of a "failed" reverse H&S formation...with quite a reaction to the downside. Ocote should take a look at this one, since we have been studying the reverse, ie failed H&S's breaking to the upside. I see a normal H&S on the weekly chart though.. Looking at the daily chart again, I see a very nice uptrend forming off the very bottom; notice all the higher lows and higher highs... Looks like AAV is right now either breaking out, or it will need another test... definitely one to stalk though... -dave