SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Rational Analyst

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Galirayo who wrote (22)12/15/1997 11:19:00 PM
From: HeyRainier  Read Replies (2) of 1720
 
[ Bull Trap Examples ] Ray, I've got some more for you:

1. GLM: from early October, the Bull Trap was sprung around 34, and the issue declined to 25 before finding support at its 200 dma.(*)
2. AEIS: also from early October(similar industries); Bull Trap at 33 and declined to 18--also at 200 dma.
3. QUAL: Bull Trap in early September at 15; the stock is currently at $4.(*)
4. CREAF: Recent Bull Trap in late November at around 27, though the identification of it would have been more clear if it hadn't been for the 9/26 anomaly. All key indicators turned bearish on 11/28. Now trading at 16.5.(*)

(*) RSI Divergence occurred.

I'll keep looking for more if you need 'em.

Regards,

Rainier
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext