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Try as I might, I cannot see your horizontal channel at 24. The
previous high was 25, and before that 24 and 23.
Using a Raff Regression channel from 2/28/97 thru 7/11/97 gives a
channel a little wider than my own, topping out at 26, where I get 25
to 25 1/2.
I think I'll hold on for that extra 5%. The RSI has not tipped over
yet. Nor do I have a sell signal from the Stochastics (9,4,4).
But I'll end up selling it this week, and I need a replacement.
Any suggestions?
On Sat, 12 Jul 1997 16:40:32 -0400, Jim wrote:
> I have Quantum bouncing down a little off the top of a Horizontal
>Channel (HC) Friday. The odds favor a pullback to the bottom of the
>channel.
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