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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (1769)3/13/1998 11:22:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34810
 
Hey busy boy,

Cisco reversed up from the 60 mark rallying nicely. We will see if it can break the top at 68 to verify the upward trend. Daily momentum just flipped back to positive weekly momentum still negative. Stop of 59 for trades, 55 for long term.

INTC. Still at support. Stop of 74. Next double top buy signal at 79.

AMAT Pulled right to support at trend line. 31 breaks it and would be negative.

ALTR Resistance here at 44 and then at 45. Chart looks good. Stop of 36 breaks trend line.

XLNX Looks good just broke a triple top. Stop of 41 violation of trend line.

MOT Yuckie poo poo. Three consecutive sell signals. Next one at 51. Would avoid this one for now.

YHOO Way too extended. Hit a high of 92 and backed off to 82. It has reversed up from there. Aggressive only for a buy but I wouldn't. Stop of 81 for trades. Daily momentum just turned negative by the way and is at the top of its trading band. Could have some more to give on the downside. Would watch it.

GLM could never break that 25. hmmph.

Take care,

Jan