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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Coakley who wrote (6152)5/14/1998 9:12:00 PM
From: Hal Barnett  Read Replies (1) | Respond to of 12468
 
One TA technique that I find helpful for looking at price movement is to look at a least squares fit to the closing prices over the past year. On a high-low-close chart I draw two parallel lines enclosing the highs and the lows. At this time WCII is tracking within this channel at about half way between the middle line and the low boundary. On Telescan this is done with a few clicks and takes only a second or two.


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