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Technology Stocks : PHTN--Photon Dynamics, anyone follow this company

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To: Russ Motter who wrote (857)7/2/2000 1:05:25 PM
From: nasdaqian  Read Replies (2) of 930
 
By the way, as for the volume pattern I don't think it's very clear cut. If you look at the price in the symmetrical triangle the price moves up to the upper line have occured on lower volume than the moves to the lower line. Since it's a symmetrical triangle I'm not sure where you see a double bottom since there's been a succession of lower highs and higher lows until it squeezed down to Friday's breakout.
Anyway, I don't take any of this T/A to such a fine cutting edge. Also, I hope I'm wrong about it breaking down. I'm definitely not short and I've made a ton of dough on its ascent. Hope we can make more.
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