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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: john Kurisko who wrote (4621)1/30/1998 10:23:00 PM
From: James Strauss  Respond to of 4701
 
CUBE...

John:

CUBE has a short term upward bias in an intermediate term downtrend... It looks like it can go to the 22.00 area before running into resistance...

Jim



To: john Kurisko who wrote (4621)2/1/1998 1:52:00 PM
From: GR  Respond to of 4701
 
this is a very tough chart to call.,basically macd is stilll + so it's technically in uptrend,except macd histogram is bearish.Although sochastic is not oversold,it is low,and together with bollinger band and most importantly a + candle indicate to me a bullish monday at least.nte if the stochastic continues up,it will have a good up move.the dow and nasdaq also have a + macd but it may be that the up move is over as sto is at the top(overbought)and the candle negative.So my guess is slightly up on monday.



To: john Kurisko who wrote (4621)2/1/1998 3:46:00 PM
From: Doug R  Read Replies (4) | Respond to of 4701
 
John,

It looks to me like if Friday's volume can be improved on, CUBE has a good shot at starting back up over 20. The technicals do have a good bit of work to do and appear to be getting started in the right direction. It may be a slow mover for a while and patience would be necessary. A mental stop between 16 and 18 (wherever you are most comfortable) would help just in case.

Doug R