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


To: Doug R who wrote (17429)5/22/1998 3:06:00 AM
From: shasta23  Read Replies (1) | Respond to of 79477
 
HI Doug!

It's me again asking questions and trying to learn!
You made a long list of potential shorting candidates on the last weekend(well long time ago!!) and ABTE was one of them. What do you think about that after todays action. AFter a few days down draft today a solid +1-day(a big white candle!) which turned around some of the down trending parameters(CCI(13), short term stoch etc). Volume was pretty low though. There seems to be mini resistance around 18.20.
What's your take on the situation? Do you still think it's still a shorting candidate?
Any comments are appreciated!

Thanks!

Stefan