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Replies to #16569 on BOUNCE (BOING)
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richordietrying

04/26/05 11:23 AM

#16604 RE: nohoopla #16569

H i LL

Earnings coming, chart about to turn up

http://stockcharts.com/def/servlet/SC.web?c=hill,uu[g,a]daclyyay[d19970423,20050423][pb50!b200][vc60....


from vern
There is a technic called reversal magic that seems to work extremely well and it is calling for a reversal here on this stock.

The way it works is that when a line is draw accross two lows and a horizontial line is drawn horizontally accross the chart where they intersect will likely be a reversal point and as you can see on the chart it is time to reverse now. Another example is also on the chart. It works the same way if you do it in reverse by marking two tops with a line and the horizontial line the same way give reversals also.