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


To: Judy who wrote (2063)3/27/1998 12:38:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34812
 
Judy,
PFE's bullish support line is way down at 56. Stop however is at 84, two double bottom breaks. I guess I missed the news on Viagra but that is great, not a surprise however.
I'm long on leaps.

I should keep track of what I write. I tend to give action points for a stock to reverse a trend or to continue the trend. I'll stand by the RMBS evaluation.

Best of luck to you,

Jan I am



To: Judy who wrote (2063)3/29/1998 11:23:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34812
 
Uncanny, these trend lines. Wanted to show everyone this chart
I found today of PKD.
Strange isn't it, how it keeps retracing from the BRL?!
Think it's possible it might reverse down from here?
If not, and it breaks this resistance, it could spark a
powerful trend upward.
Just wanted to share.

17.5 | X * |
17.0 -+-----------X O * ------------+--------------
16.5 | A O X * |
16.0 -+-----------X O B O * --------+--------------
15.5 | X O X O X * |
15.0 -+-----------X O X O X O * ----+--------------
14.5 | X O X O X O X * |
14.0 -+-----------X O X O X O X O * | -------------
13.5 | 8 9 O X O O X O * *
13.0 -+-------X O X O ------O X O --| X * ---------
12.5 | X O X O X O X | X O *
12.0 -+-------X O X --------C --O X O X O 3 * -----
11.5 | 7 O * O X O X O X O X
11.0 -X ------X ------------* --O --1 X 2 X O X ---
10.5 1 O 6 * O X O O X
10.0 -X O X --X --------* ----------O X ----O -----
9.5 X O 3 O X * O X
9.0 X 2 X O X ----* --------------O -------------