SI
SI
discoversearch

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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Al Serrao who wrote (4115)6/25/1998 12:01:00 PM
From: Ms. X  Respond to of 34808
 
Ideally, I'd like a 50% retracement which would bring it to 50, but that doesn't happen that often.
I would really wait for it to reverse down and then on the reversal back into X's, enter the stock. That gives you a stop point too.
What this means is you have to keep an eye on the chart and wait for the pattern to develop.

Take care,

Jan I am