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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (13144)7/26/1998 12:53:00 PM
From: Backfill  Read Replies (1) | Respond to of 42787
 
Hello Folks,

Dell

My charts show a parabolic sell on Wednesday of last week and a MACD sell signal on Friday. The candles too, look rather bearish...IMHO

Jeff...



To: ViperChick Secret Agent 006.9 who wrote (13144)7/26/1998 2:24:00 PM
From: Chris  Respond to of 42787
 
<<<what is that horizontal line right underneath 100
>>>

in the dell chart, that gray line is the fib extension tool. Dont worry about the fancy name.

basically, it's another support/resistance point.. That means, even IF the yellow trendline is broken on the upside, that 109 resistance point is also a "level to be watched"


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