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


To: Blake Turner who wrote (24055)12/8/1998 9:15:00 AM
From: Doug R  Read Replies (2) | Respond to of 79296
 
Blake,

Watch how the 89, 3, 5 stochastics for TIER handle the value of 80 here. It appears that there is the possibility that it may stall out. A solid move by the 4, 3, 2 would lead to 13, 8, 8 strength which would lead a re-acceleration in the 89, 3, 5. If the 5 dRSI breaks through upcoming resistance you would get what is needed in the stochastics so I would say to wait for that. The resistance is seen as a line across the tops in that indicator from 2/13 to 11/9. The 3 dRSI broke out of similar resistance on Fri but the level is so high that there really wasn't much room for it to move and it went flat yesterday.

Doug R