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


To: Cube who wrote (19456)7/16/1998 3:44:00 AM
From: Warthog  Read Replies (1) | Respond to of 79284
 
Cube,
DATM, trying to do some homework here and review the material
given. (hopefully dougR will check my statements).

For DATM, I have highs on 2/23/98 (h1) and 4/29/98 (h2). h2 is
slightly lower than h1.

I have a low on 3/17/98 (L2) and a low in 12/97 (L1) and new
lows on 6/3/98 (L3) and 7/6/98 (L4). L2 is slightly lower than
L1.

Section 4.a of the manual indicates that L2 should be higher than
the previous bottom.

Therefore I dont think DATM meets the definition of a mimbo.

However, h1,h2,L1,L2,L3,L4 creates a nice rising triangle. If
DATM gets past the resistance created by h1 and h2 then it might
go.

the 89 day MA/MALR signaled a buy on 7/1.

collin

PS: I do hope dougR checks this homework.