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

To: beio who wrote (29648)	5/18/1999 12:31:00 AM
From: milesofstyles	Respond to of 79241

beio the short term technicals are mixed and the intermediate are beginning to get a little toppy. it is in vicinity of its resistance. any downward movement from here would be viewed as a negative and a possible opportunity to pick up a higher low and shares at a cheaper price as it resets. on any further advance, i would then set my stop just below that resistance line. techstocks.com on a weekly chart, 9-26 to 5-8 is the line i am referencing here. milesov

To: beio who wrote (29648)	5/18/1999 1:00:00 AM
From: milesofstyles	Respond to of 79241

beio, let me double check it...i may be missing today's data, so that's my read for yesterday, lol. milesov

To: beio who wrote (29648)	5/18/1999 1:21:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79241

beio, SUPG looks good to nearly 23 in the short term. If it pops over that, look for 25 3/4. Use trailing stops about 1 1/8 points below each daily close. Doug R

To: beio who wrote (29648)	5/18/1999 1:37:00 AM
From: milesofstyles	Read Replies (1) \| Respond to of 79241

ok, with today's data added, you got an ihs in a 3day rsi, a strong short term indication. this is confirmed by sto's 2.1.2 and 3.1.2 which give it room to advance and are supportive of a knee in the 4.3.2 which now is threatening to go back into ballistic mode after setting a higher low. its got a chance to really move here tomorrow and possibly the following day . the key then should it perform as i would expect based on the ihs in the 3rsi in the next day or 2 would be to see how stretched the intermediate terms become and whether they meet resistance. some of the intermediate term indicators are showing ihs's with the right shoulder set, the negative being the neckline is an uptrending line and more difficult to penetrate. sorry for all the confusion, see how much better i do with all the data, lol milesov