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


To: Doug R who wrote (12089)2/9/1998 1:57:00 PM
From: Al Greenleaf  Respond to of 79270
 
Doug - AKRN IS percolating a bit, and could be stretched a bit into an ascending triangle. MACD 13,34,89 is just crossing signal line now, and the long stochastic 55,21,21 is crossing also. MoneyFlow has been positive and growing since 1/12. Shorter MACD 12,26,9 has been climbing since that same date, and is above signal and above zero. Relative Strength (QP version) "pasted itself against the ceiling" in October, and hasn't weakened since. And the best news is that with all this "longer-term" stuff going on, it has not yet run away from us.The 1/12 to 2/4 trend line (approx) is an acceleration from the previous one starting 8/15. In other words, it has uptrend deccelerations, and now, after some correction, is having accelerating uptrends.

All we need now is the day and hour of takeoff. How does Wednesday at 10:30 am sound to you? <gg>

Regards,

-Al