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


To: bdog who wrote (26044)1/30/1999 5:04:00 PM
From: Doug R  Respond to of 79491
 
Bdog,

Thanks for the scan hits. A lot of new ones on there. Yikes...that involves some major chart history study.
One MIMBO made it...HMGC. Cool.
I'll probably have them weeded out by tomorrow night. Feel free to post any chart/technical goodies you find on any of them yourself. It would be a big help.

Doug R



To: bdog who wrote (26044)1/31/1999 11:58:00 AM
From: Doug R  Read Replies (4) | Respond to of 79491
 
Bdog,

Ya gotta love that comkey scan. All those hits look great.
Some notes:
BCOM gapped over resistance on good volume and did not get too extended on the breakout. Solid continuation very likely.

CTEN has the look of a buyout already at the takeout price but the terms of the agreement (if there is a buyout) might allow for more.

Check out the monthly on GGEN. Do a reality check on possible prior reference peaks for verification of it as a MIMBO. The 5/97 peak doesn't qualify...oh well.

NATL has a nice little 3 day ascending triangle. Those kind are sneaky in that they can often lead to a significant pop without appearing too obvious.

Remain cautious on NMCOF.

NPCI is a classic cup with handle. The handle is a symmetrical triangle that has already done the MIM touch thing.

ONPR is probably putting in a MIM. Should still be good for a quick trade if the current short term breakout shows a tick up on volume.

PMRP...I'll take your word for it about the sauce.

VTA is certainly low. It should allow plenty of time to stalk it for entry. It most likely needs to confirm that initial acceleration before a really good pop.

Hybrid notes up next.

Doug R