SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Anderson who wrote (12693)2/25/1998 4:34:00 AM
From: Doug R  Respond to of 79270
 
Wayne,

I am not a "certified" professional but if you call me that, well, that's the true measure I think...thanks. INEL's chart would seem to say that the close was weak. It has a well defined channel and it appears that 6 3/4 is the top of the channel. From the chart, I'd say it will likely test one or more uptrend lines before it really goes. The technical profile is rather strong and I don't think it will spend too much time piddling around.

Doug R