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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 (16837)5/13/1998 11:43:00 AM
From: Doug R  Read Replies (4) | Respond to of 79371
 
Matt,

Voodoo stuff is a breakout of the 3 dRSI above an inverted head and shoulders. One of my favorites. ABTX had a really good one on Mon. It's best to recognize them before the breakout and when you see that intraday activity will cause the breakout on early, volume supported price movement, jump on. It's a short term tactic but when coupled with overall long term strength in the TA, it often yields major moves.

Doug R


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