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

To: John Crovelli who wrote (19423)7/15/1998 11:05:00 AM
From: Doug R  Read Replies (2) | Respond to of 79269
 
John,

The technicals on BJCT seem a bit reticent. If it has a weak showing over the next few days, it will probably just continue the current base for a much longer time than if it shows good closing strength in relation to the daily ranges. There's nothing in the profile to make any solid judgement on for the short term. I'd say any downside would be limited and it would take several weeks to find the lower range of the base.

Doug R


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