Chart Formations Message Board

STOCKTALK

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 : Chart Formations

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cola Can who wrote (298)	9/23/1999 10:07:00 PM
From: James Strauss	Read Replies (1) of 967

So, in something like a desc, or ascend, triangle, is it safe to start thinking something else is going on, if the formation has exceeded its normal time frame of completion? Cola: Usually the longer a stock bases the better it is for an upside breakout... What it's saying is that there was an equal number of willing buyers for those wanting to sell... In the case of IFLO it kept bouncing off that 3 1/2 to 3 5/8 area until it finally broke out to the upside... Not shown in the chart was the excellent fundamental expectations... That's why using a combination of TA and FA helps put the analysis odds in your favor... Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next