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

To: Terry Backlund who wrote (11212)	1/24/1998 5:40:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79193

Terry, APCO still has the steam. The %K component of the 13, 8, 8 stochastics is at 65 now and still headed up. The last time The %K moved from 60 to 80, the stock moved from 6 to 7 1/2. This time it started from 6 1/2 so 8 is well within reach. The 89, 3, 5 is getting ready to cross 80 which also gives it enough potential for significant continuation on any volume buying. The 2, 1, 2 stochastics are still in breakout territory but moved a bit down on Fri. That's the only indication of weakness in the TA. That parameter set does not have the influence at this time to cause me to think it means much more than a possible reloading. For safety, I am tracking all active uptrends on the daily chart to use as stops. Doug R