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

To: ivan solotaroff who wrote (28786)4/26/1999 12:13:00 PM
From: Andrew C.R. Biddle  Respond to of 79383
 
Ivan-

Look forward to David's mag read on AKLM. Here is my read: Strong support at 6.00, weak support at 5 5/16, strong support at 5.0
Strong resistance at 7.0, strong at 7 5/8, medium at 8.5, strong at 9.

My TA is that of a neophyte; so take with a grain of salt.

Andrew



To: ivan solotaroff who wrote (28786)4/26/1999 12:15:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79383
 
Ivan

AKLM mags: 5.40 utrend, 5.97 utrned, 7.75 strong....

5.40 utrned anchors 11.11.97 to 12.3.97

5.97 utrend anchors 5.2.97 to 7.25.97

Its also testing a long term dtrend anchors: 9.20.95 to 11.3.98

overall it looks like a safe area to accumulate. I am going to watch it for a CCI 13 (weekly scale) dip below -150 and return up for a buy signal. I am really starting to like this as a early entry indicator.

ht
david


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