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: Eric Maggard who wrote (13520)3/19/1998 1:59:00 PM
From: Doug R  Respond to of 79450
 
Eric,

RECY is on this week's list. Chartwise it had signalled a move. On 3/6 it gapped up on news. On 3/12 it closed the gap and also closed the day on its low. The next day it went no lower and closed up for the day on really light volume. To me that showed demand was in control and a jump was likely. After today's close, the TA should say alot about what to expect next week. I'd say that a close above 6 9/16 should be a relatively strong buy signal.

Doug R


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News