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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Teddy who wrote (3252)5/28/1998 3:36:00 PM
From: wizzards wine  Read Replies (2) | Respond to of 34811
 
Teddy, HOE just added 2 more X's on the column thats been growing from 40 after giving a quad top buy signal. RS is in O's but looks like it could turn to X's soon, if it keeps climbing.

Jan will have to ask Tom about the German ARD's...

Later
Preston



To: Teddy who wrote (3252)5/28/1998 11:25:00 PM
From: Ms. X  Read Replies (3) | Respond to of 34811
 
Teddikins,
Hold that bladder will ya?

HOE has a negative relative strength. The monthly momentum is
positive which is good, weekly too. Watch for a pullback being
that it is at the top of its trading band. Support level at 38, 37
the stop a triple bottom break. Could see it come back to 41, the
last area of resistance.

50 --------------+----------------
49 |
48 | X
47 | X
46 | X Top
45 --------* ----+-----------X ---
44 O * | X
43 O * | X
42 A * X
41 O B X * X 4 5 Med
40 --------O X O X O 3 O X O X ----
39 O X O X O X O X O X
38 O O 2 O X O O
37 O 1 O <--Stop point
36 O X
35 ------------C X -----------------
34 O |