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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: bobferg who wrote (17972)10/11/1998 1:35:00 PM
From: Judy  Read Replies (1) | Respond to of 68785
 
Hi, Bob

Just pulled up LU's chart and I don't see the HS formation you are referring to. If you get a chance, can you explain where the formation starts and the points for the head and left/right neckline? LU could retrace up to test the 200-ema at 70ish, with very strong resistance at the gap at 71-72. At some point between 67-71, I plan to reverse into a short again.

Having sooooo much trouble accessing and posting at SI this morning, I give up. Enjoy your Sunday afternoon.