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


To: Hawk who wrote (3291)6/1/1998 7:07:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hi Hawk,
What is important to notice is that every time it bounces back, it doesn't reach the last attempt to the upside. This is the lower tops. That shows that demand (for whatever reason) is drying up. Couple with it exceeding previous areas of support and you have a stock loosing support.

Take care,

Jan