Wedges, triangles, and stuff: Chart patterns for breakouts Message Board

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

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To: HeyRainier who wrote (10)	5/22/1997 2:37:00 AM
From: Mike Kehler	of 257

I still have not done enough homework on SPTR. but the chart pattern (i.e. completion of triangle) and long term growth prospects are enough reason for me... will also enter tomorrow. I am currently quite preoccupied with SEG, I work for Seagate Software, so it's a natural for me (I obviously am biased - am very impressed with mgmt). That aside, the chart is also quite interesting: will it an the H&S formation (as you mentioned on the "beaten down" thread a few days ago), or might we be completing a rectangle pattern (on the weekly chart)? Would appreciate your read on this chart as it is very difficult (OK impossible) for me to be objective on this one. Mike

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