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FIGURE 7.24 This chart of CMGI (CMGI) displays what commonly happens when price trades for the first time to the TD Absolute Retracement Level. In this case, price rallied the same trading day over 35 points into the close.

Window on Wall Street © 1999

FIGURE 7.24 This chart of CMGI (CMGI) displays what commonly happens when price trades for the first time to the TD Absolute Retracement Level. In this case, price rallied the same trading day over 35 points into the close.

Window on Wall Street © 1999

1-11-1999 (CMGI) CMGI Inc. Daily 1-14-1999

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•14ft00 WM 135.00 1M.S0

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