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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo	7/14/2006 3:39:03 PM
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TA lesson.......LOL Know i have harped on this a lot...but classic TA says a triangle becomes suspicious...and a likely failure...if it does not break out and confirm at around 3/4 of the diatance out from its beginning to its apex. Easy to overlook...disregard......or forget...but we do so at our own peril...gg We've seen several such failures lately....our two erstwhile faves EMC and HD among them.......EMC particularly clear-cut....as shown below:

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