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

To: Bruce Cullen who wrote (17146)5/19/1998 2:29:00 AM
From: Doug R  Respond to of 79356
 
BJC,

I think the longs are losing. Is there another stock you would care to look at?

Doug R



To: Bruce Cullen who wrote (17146)5/19/1998 8:00:00 AM
From: Dave H  Read Replies (1) | Respond to of 79356
 
Bruce,

ORG would have made a great short back in april; now it is a falling knife and I'd say stay away until the dust settles. Long term technicals are breaking down quickly, and the short term stuff is all ugly. The gap down in the chart might not be the last ORG sees during this fall. Nice H&S formed with a descending neckline too.

I see possible trendline support near 22.

-dave


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