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


To: papi riqui who wrote (3359)6/3/1998 12:32:00 PM
From: wizzards wine  Respond to of 34811
 
Hi PR, Just looked at VRC for you, the move to 22 5/8 gives us a box at 23 just below the BSL and our next support level is at 21 with a triple bottom. If it breaks to a 20 even that will give us another box at 21, a move to 19 even would be a very bad sign as the next support is down at 18.5...

I'm sure Jan will post the chart for you later.

Hope that is of some help.
Preston



To: papi riqui who wrote (3359)6/4/1998 12:11:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
Hi Papi,
Time to cover VRC without a doubt. Still strong RS so I wouldn't go
sprinting to your broker to sell but take out some insurance perhaps.

34 * |
33 B * |
32 X O * | 5
31 X X O * | X O
30 -----X O X O X --* --------+-------------------------X --X O -----
29 X X O X O X O * | X O X O
28 X O X O X O X O * | X X O X O Med
27 X O X O O C O * | X X O X O O
26 X O X O X O * | X 3 O X O X O
25 -A O X ----O X O ----------* --------X O X --X O X 4 ------O -----
24 X O O O | * 2 O X O X O X O
23 X O | * X O X O X O X * 6 <--Todays break of BSL
22 9 O X X | * X O X O X O X *
21 X O X O X O X * X O O O * <--Good support area
20 -X ------------O X O X --X O ----X O X ------------* ----and bottom of trading band