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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: wizzards wine who wrote (5185)7/29/1998 11:01:00 AM
From: The Phoenix  Read Replies (1) | Respond to of 34811
 
Wiz...

Conference Call.... SAVLY will have product transition issues going forward making visibility on future earnings difficult to predict. Ya know...one of those "uncertainty" things.... ;)

Gary



To: wizzards wine who wrote (5185)7/29/1998 11:02:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
You want me to wave my magic wand and make the bad men stop?
swooooshhh...there. Done.

SAVLY broke through the brl as you know and landed pitifully at 30. Looking at the expanded chart, I see support at 25 which coincidentally - is where it landed today. It found support here in October after THAT market decline and hopefully it does it again. Weekly and Monthly momentums were negative. RS pooped out in July and gave a sell signal. Lots of things wrong here.
Always look at support levels. They can give a clue.

Jannerific