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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: MIKE REDDERT who wrote (128663)5/25/1999 8:54:00 PM
From: Augustus Gloop  Read Replies (2) | Respond to of 176387
 
<<You can't draw Support lines off of bottoms>> sure you can just like you draw a resistance line at a top. Remember when I said we needed to break 46 or it would be a T/A negative? Here we are! Now having said that....I'm a long term holder of this stock so short term indicators don't mean much unless I plan to trade.

<<(besides, those 2 bottoms were at 35 3/8 NOT 35>>. Exactly! A lower low and lower highs - NOT GOOD short term. Furthermore, On a P&F chart you are only worried about even prices when dealing with a three point reversal and a stock over $20.00.

<<weak resistance that you and CNBC are depending on.>>

I'm not sure where you get CNBC from but If you want to learn more go to www.dorseywright.com

I think you will be glad you did.