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


To: Eric Maggard who wrote (20547)8/14/1998 1:55:00 AM
From: Doug R  Respond to of 79270
 
Eric,

NM looks very good here. If it can continue on higher volume, it should be a valid break out. I don't see a MIMBO on the monthly chart so I can't really say that the daily moves qualify. It would have to get over 7 3/16 to show a MIM on a monthly chart. If it does so, it would (after the initial pullback from the peak of the MIM) qualify as a serious candidate to stalk for an intermediate to long term buy.
For now, I think you have a good handle on its short term prospects.

Good luck,
Doug R