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


To: Terry Backlund who wrote (18761)6/24/1998 12:15:00 AM
From: Magnatizer  Read Replies (3) | Respond to of 79313
 
Terry

my reasoning for APCOs drop was the need to test the magnets in the 9s which it failed to do on the way up through them. the magnets in the upper 7s and lower 8s have been tested. I see no real reason for APCO to retest them. that is my reason. I expect APCO to bottom in the mid to upper 8s

ht
david



To: Terry Backlund who wrote (18761)6/24/1998 7:35:00 AM
From: Dave H  Read Replies (1) | Respond to of 79313
 
APCO -- how low will it go?

According to TDST support lines, APCO has support at 7 1/2. APCO is on countdown day #4 of a buy sequential, (meaning it still has 9 more countdown days to go if it does end up completing the sequential), so I do see the possibility of a retest of the 7 1/2 support line.

In other TDST news, ELGT retested the 2 1/2 support line yesterday. I posted about that one a few days ago. Let's see if it holds...

-dave