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


To: Ocote who wrote (13417)3/16/1998 11:05:00 PM
From: milesofstyles  Read Replies (2) | Respond to of 79308
 
some may want to watch docx for volume confirmation, and irsn, lcci for anticipated entry



To: Ocote who wrote (13417)3/16/1998 11:24:00 PM
From: Magnatizer  Read Replies (2) | Respond to of 79308
 
Ocote

Looks like a breakout of an IHS. I only have data from begin 97. Is this a new company? I would like to have more history on the stock for the long term reads. Sure is a pretty chart.

Doug

took a look at ADMG from your post #13335. I found the SMI 13 to be very interesting. It appears there are two distinct threshold lines: The lower band at -50.9 acts as a bullish threshold and gives the stock a little gas then the accelerated bullish threshold at -8.17 puts the peddle to the metal.

Right now the stock is responding to what I find to be two strong influences. The bullish threshold on the SMI 13 and the 55 day BBs. I am waiting for this baby to consolidate around the accelerated bullish threshold before entering a position if the stock follows its history it will be around 2-3 months.

Another note the SMI 144 is setting up just as it did before the last run up.

Thanks alot for all of your hard work. I spent an hour or so on just this one chart. I can't even imagine how much work you had to put in to post all of these choice selections.

happy trades
David



To: Ocote who wrote (13417)3/17/1998 2:12:00 AM
From: Doug R  Read Replies (3) | Respond to of 79308
 
Ocote,

You'll find that the 89 day MFI has a great defaulted overbought line.

Doug R