Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Charts for Quick CASH $$$ -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (7964)	6/4/1998 4:58:00 PM
From: Galirayo	Respond to of 9262

[ HGI ] Sue, If you really like it. I'd watch for it to hit Resistance on the 89DMA then pull back to the 50DMA. As long as it holds Support on the 50DMA and then makes a slight move up. ..... It may be a Great Play. Check the 3 or 5EMA ... or the 3 or 5DMA to make sure it has bounced off the 50. It should look like a consolidation on the 50 by the candles but the short term EMAs and DMAs I mentioned will show you the more clear picture. What I'm describing is an E Wave Pattern. You may also watch to see if it shows up on the Carl 35 or Carl 50 list as well as the E Wave one. Those scans are the closest I've been able to get to an Elliott Wave Scan. Let me know if you want me to look at it again. I'll try to help watch it from here. Hope that helps, Ray PS: It may find resistance on the 50 .. pull back ..then run at the 50 and 89 at the same time as well.