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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (991)4/6/1999 4:29:00 PM
From: d. alexander  Read Replies (1) | Respond to of 63513
 
Lost 1; glad you asked because now I can ask you (again) what PO means. I do have automatic P+F charting capacity, so just possibly (just curious) if you give me the parameters, I can also see the PO?. Only if it's not hopeless for someone who doesn't do this type of charting!
Re: OH is overhead resistance. Once it was underfoot. Draw a line from the low of 7/9/98 to the low of 7/24/98 & project it way out. This was an uptrend, which was broken when the stock came down from its high of 13 1/8 on July 31 - & it (the uptrend at the time)hasn't been broached since, so it might be highly potent resistance - possibly guarding that mythical blue-sky territory. All FWIW & JMO. d.

p.s. also, it's pretty steep, so we may never get there.