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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: HeyRainier who wrote (8)5/20/1997 10:53:00 PM
From: Mike Kehler   of 257
 
Thanks for the information on EAGL, though I was not able to read the filings. Edgar Online appears to require a subscription to read the 144 filing (and couldn't find any 144 filings at SEC site). I am tempted to take a swing at this one, but and am afraid we could see a pullback here. If we get a close above 24, I will again be tempted.

I should have mentioned what had me looking at the SPTR chart. I have only been following them for a short period of time, but as I understand it, they make some of the basic materials for fiber optics components. I am just a software person, but I really like fiber as a long term growth candidate (just my opinion though, I don't know the industry very well - just it's applications). If it completes the pattern I will definately be acting on this one.

Thanks for confirming the chart read, will probably have more to look at soon.

Mike
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