WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: ChrisJP who wrote (8847)	11/16/2000 3:25:24 PM
From: Bernard Ng	Read Replies (1) of 11130

Hey Chris, I think it's a ascending triangle in the work in the 15 min chart. Heading to the apex for a breakout soon. By the way, besides the chart pattern, I also saw a top trailing tail in one of the candles in the past 45 min... that tells us a top has been reached. $10 maybe the resistance for now, but if it breaks below the triangle, then the top trailing tail candle says we will have a drop. If it breaks above, it's a bullish scene according to the pattern. Hope this helps... just a quick glance. Bernard

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