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


To: DJB who wrote (22553)11/5/1998 9:31:00 AM
From: Magnatizer  Read Replies (2) | Respond to of 79309
 
Dennis

AKLM magnets: 6.875 uptrend, 7.75 strong, 8.25, 8.375, 8.50 strong, 8.625, 10, 10.875

Has put in a series of accelerating magnet trendlines. This is good for long term.

Short term: looks like it will base/decline as technicals cool off. Needs to reset the magnet indicator technicals to give another uptrend for it to climb. Right now it is above top trendline which tells me it is extended and has seen the majority of its run for the next 1-2 weeks minimum.

I will look to accumulate over the coming weeks. Like it to dip to the upper 7s lower 8s

ht
david

(this is not a recommendation to buy or sell a security)