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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: David R. Evans who wrote (7380)12/31/1997 12:07:00 PM
From: mark bailey  Respond to of 12039
 
I just posted this at the EFII thread and was thinking this may be the better location for a response:

Is anyone following this stock by TA? I went to www1.bigcharts.com
and plotted EFII using candle sticks. To make a long story short, sometime last week it
formed what I think is a reversal pattern. Can anyone confirm this (other than the
obvious price swing). I'm asking because there is alot of people using Candle stick
plots and TA and what I'm seeing is correct then we are getting some technical buying
that could remain strong for some time. Just guessing but you could see a bounce to
$22.

Go to the link below. You will see a 1yr chart for EFII. On the left hand side change
Time frame to 1 month and Chart style to Candlestick. Also, change the Indicator to
OBV (On Balance Volume) for the lower indicator. I tried to set it up with the link but
you will need to change the above; it apparently goes to default styles automatically.
Looks like a reversal
on 12/19.

chart2.bigcharts.com:80/chart?time=4&freq=1&uf=0&lf=8&type=4&style=1&size=2&comp=&state=0&trans=0&symb=efii&r=chart&compidx=aaaaa%3A0&ma=0&maval=9&sid=9396&sec=c&xyz=51699234&s=20994



To: David R. Evans who wrote (7380)12/31/1997 9:41:00 PM
From: Jerry Meng  Read Replies (1) | Respond to of 12039
 
Hi, Dave:

I received booklet from MetaStock. Finally I decided to
purchase the software. Now what data provider can I use.
Will Quote Plus work with MetaStock? Any suggestions?

I've been following your postings recently. They are
great and interesting! I can't wait to get in and try
them out.

Thank you for your time and patience.

Have a prosperous New Year!

With Best Regards

Jerry Meng



To: David R. Evans who wrote (7380)12/31/1997 11:19:00 PM
From: shasta23  Read Replies (1) | Respond to of 12039
 
HI Dave!

Thanks for replying and thanks for being just there for us Beginners. your posts are the next best thing to looking someone with experience over the shoulder while he is working on the charts. You asked "does it help?" ... you bet it does! and keep 'em coming since i know that a lot of people just love reading your post.

Gratefully

Stefan


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