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


To: Logistics who wrote (22467)10/30/1998 2:59:00 PM
From: MechanicalMethod  Read Replies (1) | Respond to of 79243
 
Logistics,

APAC confirmed 123 bottom weekly chart. Higher low and higher high, both components of a very basic yet sweet signal. Same pattern Daily chart but weekly is stronger voodoo. I'll add on dips. I've had some success anticipating the signal with 1/2 the parameters in place. This is one of the better looking charts imo, I know nothing of the fundamentals, I'm just tagging along with people who obviously have bid price up because they like it. I anticipate it's setting up an acceleration of the trend channel which could use a bit of it here :) It's nearly flatlined, but it is trending up now, weekly time frame even!

I don't see it breaking below that higher low. Daily is a classic W pattern of 2 inverted H&S, but I'm lousy at drawing those HS and on my way to see Doug, so expect to see improvement soon.

San Antone bound . . Osci