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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 (19187)7/9/1998 1:47:00 AM
From: Magnatizer  Respond to of 79284
 
Alski

KNDL looks real good. Nice chart.

Magnets at 32 weak, 51.50, 52.50. Need to divide the area between 32 and 51.50 into quarters: 35.875, 40.75, 46.125 will all act as magnet type areas of support and resistance. I like it to fiddle with 32-35.875 for a few days as the short stuff resets itself for the run at 40.75. I will enter on volume tomorrow as anything under 32 should look like a bargain in the next 3-6 weeks.

thanks for bringing this one out

ht
david


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