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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (7182)3/20/1998 11:48:00 PM
From: Chris  Respond to of 42787
 
intiial look at wfc..

340 will be taken out. maybe not on first attempt, but there IS a lot of oommph behind this move.

weekly chart moving towards Strong Buy.

yep.. you heard right.

will review and post chart this weekend.

this is good experience for me. enjoying it ..

have a good weeekend lisaa



To: ViperChick Secret Agent 006.9 who wrote (7182)3/21/1998 12:18:00 AM
From: Chris  Respond to of 42787
 
i envision 2 scenarios with wfc.

i will write a complete analysis this weekend.

but for a brief summary:

either :

1) 340 resistance will be taken out in one strike.

OR

2) 340 will be TESTED but wfc will then bounce down to 330 support OR retouch the broken downward triangle trendline and then reattack 340.. (see the old chart for the trendline).

this #2 scenario is seen in PAGE 122 CHART IN THE TECHINCAL ANALYSIS OF STOCK TRENDS BY EDWARDSA ND MAGEE (TA BIBLE) BOOK.



To: ViperChick Secret Agent 006.9 who wrote (7182)3/21/1998 12:21:00 AM
From: Chris  Respond to of 42787
 
im requesting a friend to scan the chart on page 122. will see if he can.



To: ViperChick Secret Agent 006.9 who wrote (7182)3/21/1998 9:53:00 PM
From: Chris  Respond to of 42787
 
here is the triangle formation im looking at for WFC:

geocities.com

takes time to load.. would like to thank Bruce Silvara for scanning the chart.

complete writeup on WFC tomorrow.