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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (8607)9/12/1998 9:57:00 PM
From: INFO_DART  Read Replies (1) | Respond to of 12039
 
What do you see in this stock and why?

The main thing is I believe that sales are going to grow much faster than expected. Since what I see is not of a "technical analysis" nature, and I don't want to get off topic on this thread, I won't go into it here. I would be happy to discuss it on the RESM thread, if you would like to go further in that direction.

I do appreciate you taking the time to do and report your analysis. I want to accumulate a lot of this stock at the best price.

The wave count has changed from a 3 down to an ABC type in Advanced GET.
Is this an Elliott Wave thing?

Weekly, monthly charts reflect a downward bias
Is the "downward bias" due to a reduction in the rate of increase? The trend looks up to me over the last one and three years. Is that a "downward bias" in the rate of increase or an actual downward bias in the price.

It saw resistance at the 44.5 level, if it got pass that; next would be 46.5 using ellipses.
Which ellipses are you referring to? What's the theory behind the ellipses?

89 EMA with an 8 lead is at 42 area now. If that level is reached you also cross
below an 8EMA with a 7 lead. this rally was stopped at the .62 level from the high.

How is EMA defined? How is lead defined? What are the units associated with the number .62?

If this is not a conversation you want to have I understand, however I do find it very interesting. And, you might be surprised with what I ultimately contribute, as I have been a quantitative research scientist for many years