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


To: CharlieC who wrote (19762)7/23/1998 1:44:00 AM
From: milesofstyles  Read Replies (1) | Respond to of 79378
 
charlie,

there are a lot of technical things going on with spyg, back on 6-9, i posted it as a powertool selection at $10.31, the original signal completed for a 31 percent gain. that signal appears to be reloaded. the 3day rsi has an ihs in it,as do several other shortstuff indicators,that needs to be taken out, the higher right shoulder makes it more difficult and could result in the pullback you are expecting. there is alot of strength right now that should allow for more of a run,though,if you were to hold thru. i scored this in the low 50s using doug's system. it also looks to qualify as a mimbo, which is a very positive long term sign.
milesov