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

To: maria who wrote (15503)	4/26/1998 8:31:00 PM
From: milesofstyles	Read Replies (2) \| Respond to of 79270

maria, took a look at echo for it's next direction, i don't see the divergence you are referring to in the macd and stochastics, all of my short term ones are still pointed south, the recent activity is certainly a profit taking selloff, the decrease in volume should indicate the selling is over or near end, the doji is an indication of indecision,and requires confirmation, it may or may not indicate the bottom. the current trend line i have on it has a value right now of about 1.05, it appears to be moving at about .11 per week. i would watch this for confirmation before any decisions.