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


To: Judy who wrote (3452)6/8/1998 11:36:00 AM
From: wizzards wine  Read Replies (2) | Respond to of 34811
 
Hi Judy, In looking at ASND we see that it is RS sell in a column of X's and that column is climbing a positive situation. It has also given a recent buy signal on 5-8 and a move to 49 will give a triple top buy signal. Above the current BSL at 35. If we look at the first buy signal off the bottom we would get a vertical count for a target of 52 and if we use the last sell signals vertical count we get a target of 68.

As I see it, ASND is on a very positive trend and short of a Tech sector collapse like you said, I would look for it to Ascend to new heights...

Just my thoughts...

Later
Preston