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To: HeyRainier who wrote (7868)5/25/1998 8:02:00 PM
From: Galirayo  Read Replies (1) | Respond to of 9262
 
[ NWCI ] Hi, Rainier.

I'm not sure what to make of NWCI. That's a pretty complicated chart at the moment.

The Candle pattern looks like an 8to10NPL on day 8. Support on the 35 .. 50 & 100dma and playing all around the 150dma. All the other DMAs are below as support as well.

I'm seeing a very short term down trigger today so I'd guess it will take the full 10 days on the 8to10NPL. It may go to the 50dma near 1.71 then move up. Interesting and Tight consolidation since 5/4.

Are you seeing the Trend Line you mentioned near 1.90?
>>Waiting for that move above the trend line first.<<

I think you are onto something if it starts to move up. It could be a nice move. Worth keeping an eye on.

Thanks,

Ray