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: Esteban who wrote (9927)	1/2/1998 1:21:00 PM
From: Michael L.	Read Replies (1) \| Respond to of 79201

Esteban, Going long with AGPH. It broke the resistance today that goes from October and November on a nice volume. I have a feeling that it has a potential for a nice gain. That symmetrical triangle shows that smart money knows something good about this company. It did not go down, so it has only way up. Michael

To: Esteban who wrote (9927)	1/3/1998 5:51:00 PM
From: Doug R	Respond to of 79201

Esteban, re,"TRKN is looking positive as a variation on a PGDCEB play. It retested the signal low on high volume on 12/30 and 12/31. 12/31 would have been a new signal day had a new low been established instead of just touching the previously established low. This is a variation of the post signal higher low that Doug has discussed as an alternate entry point (correct me if I'm wrong Doug, my memory is hazy in regard to this.)" You are correct on this observation. In essence, it is a PGDCEB double bottom (as long as the close is off the low). Next day entry is the rule in this case and calls for diligence toward the uptrend and subsequent accelerations established from that point rather than from the initial signal day (of course). Doug R