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: Mike Kehler who wrote (11)	5/22/1997 6:00:00 PM
From: BBoron	of 257

Mike you da man on SPTR. This is textbook ascending triangle pattern that broke out in a big way today on heavy volume. I got in this morning at $17 because it was making the move on strong volume early. There was a late flurry of large block buys that started after 3:30 and lasted until close. Because of this late buying, I foresee a gap up tomorrow morning to the 19 1/4 -20 range. SPTR can easily run into the lower $20's if volume holds up. Any more stocks that catch your eye? Brian

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