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

To: The Perfect Hedge who wrote (2384)	4/17/1998 12:48:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34814

Hi Glen, BOCB is RS sell and in a column of O's, had a double top on 2-19-98, is bull confirmed at 58+. CAN WE SAY EXTENDED ? yes, straight up 15 boxes from 8.5 to 15.5 which is equal to the other two highs in the past 2 years so is resistance. Bearish resistance line is at 10.. If and I say if, it makes 16 that would break long standing resistance. You might look at it then on a pull back, but remembering that the RS is in O's. Take care.. My thought only Later Preston