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

To: Warthog who wrote (28680)4/21/1999 1:19:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79163
 
Thread

ALSC looking real good

mags: 3 neutral zone, 3.16 key dtrend, 4.50 quarter zone, 6 weak

alsc broke 3.16 dtrend last week and retested the last two days. Today it reversed its pullback above the dtrend. I see this as a sign it is ready to rumble

thanks milesov for his most excellent intraday read

ht
david



To: Warthog who wrote (28680)4/21/1999 3:34:00 PM
From: Doug R  Respond to of 79163
 
Wart,

VCSI had a springy flag setting up over the last couple months. Looks like the tension may release to the downside here. It could be a head fake to the downside but so far it's really risky here.

Check out CRK...it built a spring and is releasing to the upside today.

Doug R


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