SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: shasta23 who wrote (17118)5/19/1998 7:34:00 AM
From: Dave H  Respond to of 79313
 
Stefan,
I've got the CLYS retracements, calculated deMark style, as:
9.23 (the all time high of 14.94 * retracement factor of .618)
5.71 (the all time high of 14.94 * retracement factor of .382)

Meanwhile, I've got possible ACT support at around 10 1/4.
I say possible because I'm not sure it's the ACT. If not, it's just normal trendline support.

I might play it conservative and use the ACT as my target.

-dave