SI
SI
discoversearch

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.
Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Olds who wrote (1402)1/24/2000 10:38:00 AM
From: MileHigh   of 1884
 
Michael,

One last lesson, I have nothing to prove. Start your trend line at the intra day high of 156.9375 on 12/10, take it down touching the intraday of 144.375 on 12/17, then take it down to the intraday high of 107.25 on 1/11. See the ST trendline?

Notice how it based for 5 days prior to FRI's action?

Fridays action just barely broke above this trendline, but it was not decisive. Todays gap above it was the defining action.

Does that explain it? I am not hyping anything, just posting what I see. Everyone can chose to agree or disagree.

TA is NOT the be all and end all of anything, it is simply a tool to help make entry or exit trades if one is not truly a LT investor.

Regards,

MileHigh

equis.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext