Winspear Resources 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.

Gold/Mining/Energy : Winspear Resources

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Charles Kalb who wrote (25315)	1/22/2000 12:25:00 AM
From: Berry Picker	Read Replies (1) of 26850

RE>>but perhaps it might create a triple bottom, which would be good.<< Charles have you never heard the old saying.. " Doubles often hold but triples rarely do " The theory behind a double is that the second attempt to go higher or lower is a TEST... and if it holds it offers very strong resistance at that point. ( either top of bottom ) The theory of the triple is that the "TEST" which showed resistance is not lending enough confidence if it is Re-Tested and therefore the fundamentals are insufficient to hold the support ( or resistance ) and it is an indication that it will likely fail very soon. We don't really have a double bottom as the last bottom was not the same or higher it was a bit lower... If this one reverses right about here it could form an inverted head and shoulders pattern which is different than a triple bottom and could get this stock the base it need for confident accumulation once again.. Right now this thing is COURT COURT COURT - Enviro :-{

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next