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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: bdog who wrote (18407)	6/11/1998 9:48:00 PM
From: Magnatizer	Read Replies (2) \| Respond to of 79298

bdog sent this to Doug and Miles last night, may be of interest to the thread some magnet work tonight. ACRT: Magnets 9.00, 12.00, 26.00, 27.25... Neutral zones: 10.75, 19 Signal values: 13, 13.625, 18.50, 19.75 Plot these on a chart and see if you get the same feel I do. What I see is there was no magnet support between 26 and 12. Sure there were neutral zones and signal values but nothing substantial like a magnet. Now ACRT is retesting the 12 magnet. Last time it was pretty stiff only failing enough to let the stock go to the neutral zone and it came right back up. What I see out of this is once this area is tested a run at the 18.50-19 area is likely. Nothing to stop it. Also ACRT is setting up to give a new magnet tomorrow which normally gives the stock a few days of gas. In the case of ACRT I don't see it going real far as the 5 day MA < 13 MA. something to chew on ht david