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


To: freelyhovering who wrote (23017)11/14/1998 7:27:00 PM
From: Doug R  Respond to of 79308
 
Myron,

That's right, it's the 8 dSMA and the 8 dEMA.
On 10/29 the 8 dSMA was 7.0625 while the 8 dEMA was 6.9814. A crossover
on 10/30 the 8 dSMA was 7.2031 while the 8 dEMA was 7.2078.

The cross back down occured
on 11/9 the 8 SMA went to 8.375 while the 8 dEMA went to 8.3183.

Currently the 8 dSMA has gone from 8.6367 on Thu to 8.6133 on Fri
while the....... 8 dEMA has gone from 8.4637 on Thu. to 8.5134 on Fri.

The distance between them has closed considerably and a move up in the stock here would most likely get the crossover and both MA's rising.

Doug R