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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: mph who wrote (10128)	11/24/1998 10:49:00 AM
From: wizzards wine	Respond to of 34811

Morning mph, USAI is RS buy just now reversing to X's, and receintly broke through the BRL at 21... It's now trading very near the top the it's trading range, but the PO off the bottom is 50ish, with previous resistance at 29-31 ...right now the biggest problem would be setting a stop point as the first DBS would be way down at 18, or the new BSL at 19.5 but that does not give a sell signal... Kind of overextended now like a LOT of them... JMHO Later Preston