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Yes, but watch out for overhead RESISTANCE, see the
MONTHLY chart, do the fibs.. Look at Monthly MACD trend.
Interesting chart!
Also reaching an OP upward on the WEEKLY. Is this
agreement with the Monthly resistance? I have not
checked.
Suggestion: Watch this chart, notice how it behaves
at resistance. See if the Monthly trend will prevail. The
Monthly MACD is approaching a crossover at a
steep angle, so if the thrust can continue, the
Monthly trend will change. If..If..If... If it can get through
resistance..
Better let the chart show the way, rather than anticipating..
-Neal.
At 08:38 PM 12/6/00 -0500, you wrote:
>Neal brought PAYX to our atttention for thrust to the downside. Here's one
>with juicy thrust to the upside. As with PAYX, not enough bars...
>
>Certainly one to watch, no?
>
>
>
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DiNapoli Fibonacci techniques -
http://www.fibtrader.com
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