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Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (4298)3/10/1998 12:13:00 PM
From: James Strauss  Respond to of 7006
 
Flag Pattern...

>>>On RECY chart I see a triangle forming with a apex on 3/13. Do you feel this is a significant technical formation, or is the time frame of set up too short?<<<
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David:

If you zoom in on the chart to display only Feb and March, you will see more of a flag pattern from Feb 10 to the present... Its apex looks like it will be resolved in the next two weeks... The pattern is sloping downward... It is very important for an upside breakout at or before the apex, or at least lateral basing... A downside break could take RECY back to the 5.00 area... (good buying territory)...

Jim



To: Magnatizer who wrote (4298)3/14/1998 9:23:00 PM
From: Magnatizer  Respond to of 7006
 
Thread

I am bowing my head tonight. I read short term flat after a violation of triangle on Friday. Now my mentor comes out with this

techstocks.com

Watch the volume folks, Doug does not miss many.

happy trades
David