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

To: Judy who wrote (4053)	6/24/1998 6:23:00 PM
From: Ms. X	Read Replies (2) \| Respond to of 34816

Hi Judy. WIND broke two double tops as well as turning the daily and weekly momentum positive. Still below BRL and RS is in O's. Sector low and getting stronger. A move to 39 would break the BRL and would be very bullish for WIND. Stop of 28. Price objective of 48. WIND 47 * \| 46 X * \| 45 -------------------X O * --------+-------------------------------- 44 * X O * \| 43 O X * X X O * \| * Top 42 O X O * X X O X O X * * \| 4 * 41 O X O * X O X O X O X O X * X O * 40 -O X O ----X O X O X O X O ----X O * ----------X --X O --* ------- 39 O X O B O X O X O X O X O * X 3 X O X O * 38 O O X X O O X O X O X 1 X X O X O X O X O * 37 O X O X O * C O X O X O X O X O X O X O 36 O X O X * O X X O X O X O O O O X<--Today's action 35 -----O X O ----* --------O X O X O X 2 X --* --------O X ------X-- 34 O X * O X O X O O X * 5 X O X 33 O X * O O X \| O * O X O X X 32 O X * O \| * O X O X O X 31 O * \| 6 O X O X 30 -----* --------------------------+-----------------------O X O --- 29 \| O T: Looks like a buy opportunity on T. RS is negative but getting less so. Daily and Weekly momentums are still positive. T pulled right down to support and bounced up to break a double top. Today's action is only a nice pullback. Stop of 56. 68 \| X 67 \| X O 66 \| X X O 65-------------------------------+-----X O --------X 4 ----X - 64 X \| X O 2 X 3 O X O 63 X O X X O X O X O X O X X O 62 X O X O X O X O X O X O 5 O 6 O 61 X O X O X O O O O X O X O Med 60-----------------------------X 1 X O --------------O X O X O <--Today's action 59 X O X O O X 58 X O O X 57 C \| Help support line--> O * 56 X \| * <--Stop point 55-----------------------------X \| --------------------* ----- 54 X \| * 53 X \| * 52 X \| * Bot