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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Tammy DeRosier who wrote (20101)5/18/1999 6:20:00 PM
From: Dave Shares  Respond to of 34811
 
Thank you, Tammy. (eom)



To: Tammy DeRosier who wrote (20101)5/19/1999 11:49:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 34811
 
<<Once it breaks through the bearish resistance line then the bullish support line becomes the trendline in effect.>>

Tammy, I am looking at the chart for SEG. It has broken through the bearish resistance line. Does that mean a new bullish support line should be drawn ? The one on the chart is an older one.

Thanks for helping a novice,

David



To: Tammy DeRosier who wrote (20101)5/19/1999 4:53:00 PM
From: Dave Shares  Read Replies (1) | Respond to of 34811
 
<<Before playing NVLS I would like to see it get through the bearish resistance line. >>

Ok Captain, mission accomplished.

Now do we wait for a pullback, or do we play the breakout ?

Thanks,

David


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