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


To: wizzards wine who wrote (3744)6/16/1998 11:02:00 AM
From: wizzards wine  Read Replies (2) | Respond to of 34825
 
<Several Market Bulls After yesterday's Action...

osmweb.com;

WITH P&F THIS WILL NOT HAPPEN TO YOU



To: wizzards wine who wrote (3744)6/16/1998 4:03:00 PM
From: Ms. X  Respond to of 34825
 
ICOS is looking good. As you mentioned RS is positive and the
sector is getting into oversold areas. Can take positions here
with a stop of 15, violation of the BRL and triple bottom break.
This would be a good one in a portfolio for this sector.

24 X
23 | | X O Top
22 | | X O
21 | | X O
20 ---------+---------------------+-------------------------X 6 X ------------
19.5 | * | X O X
19.0 --------+---------------X --X * ------------------------X O X ------------
18.5 | X O X O * X O
18.0 --------+---------------X O X O --* --------------------X ----------------
17.5 | X O X 1 X * X X
17.0 --------+---------------X O --O X O --* --------X --X O X ----------------
16.5 | X O X O X * X X O X O X Med
16.0 --------+---------------X ----O X O X O --* X O X O X O X --* ------------
15.5 | X O X O X O X O 5 O O *
15.0 --------+---------------X ----O --O --2 X --X O X ------* <--Stop point---------
14.5 | X C | O X O X 4 X *
14.0 --------+-------X --X O X ----+-------O X O X O X --* --------------------
13.5 | X O X O X | O * 3 X O X *
13.0 --------+-------X O X O X ----+-------* --O X O * ------------------------
12.5 | X O X O X | * O *
12.0 --------+---X --X O X O X ----+---* --------------------------------------