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


To: leslie jo who wrote (20137)5/23/1999 9:01:00 PM
From: Bwe  Read Replies (1) | Respond to of 34811
 
Hi leslie jo,
I'm with you on RCL even though it's been a far cry from straight up for this stock. The breakout above the $39 - $40 area was of major chart importance and sends a bullish signal. RCL ran right into a BLRL at $44 and promptly began to retreat. I'd watch for a HPT here at $39 that could send the stock back to the mid $30's again in a weak market. This would provide a very good buying opportunity I believe.

Best to you.

Bruce