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

To: Dave H who wrote (11302)1/26/1998 11:49:00 AM
From: Doug R  Read Replies (2) | Respond to of 79227
 
Dave,

NUHC:

A look at the chart indicates resistance at about 7 along the neckline ot that short-term H&S. It's a downtrending line so it's likely to see pressure from it. On a longer-term note, there's a line along the lows of 8/17/94 and 5/21/97 that's right there at about 7 today also. I would expect a break above these lines would allow for a move to about 9 initially.

Doug R


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