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Strategies & Market Trends : Guidance and Visibility
AAPL 278.28+0.1%Dec 12 9:30 AM EST

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To: lexi2004 who wrote (173800)5/4/2008 7:59:35 PM
From: MJ  Read Replies (1) of 208838
 
Lexi

From the free tutorial ------this seems to be the criteria for a flatbase breakout although they don't call it that.

"In the example below the market passed through S1 and then retraced to the S1 line again. It then formed a channel. At around this time we had a cross of the averages, MACD signaled buy and there was a breakout of the channel line. This gave a great signal to go long with a target of the original pivot line. "

Couln't copy chart on the demo.

mj
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