Re: [CANSLIM] Definition of base and pivot point

From: Tim Fisher <tim@OreRockOn.com>
Subject: Re: [CANSLIM] Definition of base and pivot point
Date: Wed, 03 May 2000 14:38:34 -0700

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IMHO QCOM cannot form a C&H since it is more than 30% below the high and 
therefore by definition has dropped too far to make a C&H according to HTMMIS.

On 02:19 PM 5/3/00, Carter Diggs Said:
>Hello folks
>
>I was looking at QCOM and trying to decide where a (future) pivot point
>might be, assuming it's forming the right side of a cup.  Will the pivot
>point be at the level of the January blowout peak or the late March
>peak? Or would you wait and see if it meets resistance at the late March
>peak or goes on through it?
>
>Still trying to learn.
>
>Carter

Tim Fisher
Ore-Rock-On and Pacific Fishery Biologists WWW Sites

Tim@OreRockOn.com
WWW: http://OreRockOn.com
See naked fish and rocks!


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