Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: leslie jo who wrote (11991)	12/25/1998 5:33:00 PM
From: leslie jo	Respond to of 34811

To Anyone: I am new to PnF Charting…and am seeking opinions as to my ramblings below for Checkfree (CKFR): Bull confirmed sector… RS: sell, however, in column of X's (turnaround)?? 12/24/98 peeked over the Bearish resistance line @ 19.5, however, DTBuy will come at 21 (buy-in) and 22 will complete a DT spread (buy-in). Bullish resistance @ 25 ? and Bullish support @ 14.5, however, probably bottomed out at 17. If bought @ 22 stop loss would be set at 16.5 DBSell. Incomplete PO (6)(3)(1)+17.5 = 35.5 Checkfree is trying to peek its head up over its 200-day MA of 19.78, which it did momentarily last Thursday when it hit 20. A buy-in @ 21/22 will then have broken its 200-day MA to the upside. Checkfree's 5-year average earnings growth is 40.5% Revenue is increasing due to growth in e-commerce and investment services (Yahoo detailed quotes information) Thanks in advance... LJ