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


To: Carolyn S. who wrote (22824)11/10/1998 2:15:00 PM
From: Doug R  Read Replies (2) | Respond to of 79273
 
Carolyn,

The first acceleration was from 10/16 to 10/22. After that there was no real acceleration set. The 10/16---10/22 line was violated intraday on Friday which would have been an initial warning but the close back above it would call for waiting for verification that the break was a signal. Stocks with very short histories often run into that problem. The line that you are referring doesn't fit into the picture at all. You'll have to work on that.

Doug R