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


To: Sir Auric Goldfinger who wrote (15182)3/8/1999 12:26:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34824
 
MMGR

37 X
36 X O
35---------------------------X O --------------
34 X O
33 1 2 X
32 X O X O Med
31 * X O X O
30 O ----X * ----------------C O X O ----------
29 O X 7 O * X O X O 3
28 O 6 O X O * X O O X O
27 5 X O X O * X O <--First sell signal after buy
26 O X O X 8 * B O X O signal so we count this
25 O X O --O --------* --X --X ----O --O --column. 8 O's. 8x3x1=24
24 O X O * X O X O 37-24=13
23 O X O X X O X O

There is support at 13 on the chart.
RS is in O's too by the way.
First area of support is 18.5.