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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts? -- Ignore unavailable to you. Want to Upgrade?


To: Len Giammetta who wrote (945)1/28/1998 11:19:00 AM
From: Ms. Baby Boomer  Read Replies (2) | Respond to of 1004
 
>>Cup and handle??? What's the interpretation??

Hi Len...William J. O'Neal's interpretation of a "Cup-with-a-handle" is when the chart is viewed from the side it resembles the outline lasting anywhere between 7-65 wks. and are known to return > 100%. INDV/DTOP trendline is up both short & long-term. Daily stochastics are signalling sell, but both weekly and monthly have buy signals.

TA Indicators IQNet: iqc.com

TA Linear Chart:
iqc.com

Using the linear regression line & channels ["Old School" - connect the highs & lows] to get an indication of the projected price trading range. Linear regression & channels are similar to the bollingers; any divergence, would indicate failure.

Happy trading & investing....