Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (14096)	8/6/1998 11:04:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

L3 and others.. i think one can draw downward resistance lines pull up dell: draw a line connecting highs of: 7/20/98, 7/30/98, 8/4/98 in other words, until dell breaks this line to the upside, dell is in a downtrend.

To: KM who wrote (14096)	8/6/1998 11:05:00 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 42787

Thanks for the comeback. I am usually working so I am not used to watching these tick by tick but I took vacation because I knew this would be a volatile week and I exited all my longs and figured I would day trade a little. I was just noticing that it seemed to be making a flag pattern that I use on my longer term charts and and should break upward but wasn't sure since I don't regularly day trade. Seems like it is trying to break out now. Now we have to see how far it can go. I show resistance around 107-107 1/2. If it can clear that it is off to the races with 111-112 not out of the question of course that would be allot for one day.