MASTERING
THE TRADE
ORIGINAL, INTERACTIVE
SEMINAR ON TRADING USING
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9/19/98 CHIRON
(CHIR)
Points to Watch: Stock breaking out
to upside. Broke through down trend line at 17 5/16. Moved above resistance at 18.
OBV has broken out to upside. MACD and RSI showed divergences with price during recent
low, both have turned up. Closed Friday at important Gann resistance level of 18
1/2. Wait for 2 closes above 18 1/2 before buying. Place stop near 55 day moving average
at 16 3/4.
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Last modified: April 02, 2001
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