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


To: Matt G. who wrote (15887)4/30/1998 6:01:00 PM
From: Doug R  Read Replies (1) | Respond to of 79384
 
Matt,

A signal I like for probable continuation is the 3 dMA/MLR. It's a bit much to explain here but when that signal fails, it usually results in a gap down. ARTT had the 3 dMA/MLR continuation signal but it failed and the gap down resulted. It's a very short term signal so not of any real consequence in the overall bullish aspects of ARTT's chart which is a nice high tight flag. The 3 day stuff I use is basically for timing. The long and intermediate stuff shows great underlying strength so I'll just wait for either a breakout or a breakdown.

I'll see what I can get from INAI's technicals when I get time later.
Doug R