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


To: Alski who wrote (19039)7/4/1998 1:26:00 AM
From: LTK007  Respond to of 79273
 
Alski,I would say that it was uptrending as a bet on a good earnings report,and they come in 13cents below estimates--I suggest that it
probably is going to take a licking on Monday--but after that?I think that depends on what happens Monday - and also all other elements of their Qt. report--but 13 cents,that is a big miss.Max90



To: Alski who wrote (19039)7/4/1998 2:05:00 AM
From: milesofstyles  Read Replies (2) | Respond to of 79273
 
i agree with max that wdfc should take a hit. looking at the dates 3-11 and 6-17(where the current run started) looks like a double top formation to me. the line is in the 24.50 area. how it reacts there will be a big clue as to what happens next i think. my data shows institutions hold about 34 percent of the stock and there is no real short interest to speak of yet. might be helpful to see if and where any block trades are occurring as well, as a response measure to the news.

justanopinionov