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


To: David Alan Cook who wrote (27655)3/24/1999 10:09:00 PM
From: Magnatizer  Read Replies (3) | Respond to of 79178
 
David

I gotta say your tenacity is amazing. I would have bailed on this stock a long time past. Anyway, you inspired me so I worked up some TA for TSSW

TSSW mags: .8125 neutral zone, .83 dtrend, 1.21875 quarter zone, 1.32 peg line, 1.625 weak , 1.93 dtrend, 2.50 weak, 2.60 utrend....

My read is if it can get through peg line (likely) it is likely to get to the 1.93 dtrend quickly. After a short period testing it a break to the upside would give a mid to high 2s target. Time frame 2-4 weeks.

Weekly buy rating helps a lot here. Other technicals are mixed. If the rabbit (56 term) gives a buy signal the mid to upper 2s should be no problem. Watching 89.3.5 stochs for a move up through 80 line.

ht
david