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 (21)	5/25/1997 5:44:00 PM
From: Doug R	of 257

Ranier, Nice thread. Take a look at ABM. Friday breakout from a year long cup with handle. The handle is 4 1/2 months long and formed a beatiful double bottom inverted head and shoulders. The price broke out of both the C w/ H and the inverted H&S at the same time. Current price @ 19.625. Friday volume was 41,800. Avg. daily for 3 mos. is about 27,500. There's no thread on it here so I suspect it's relatively "undiscovered". Looks like easy money. Doug R

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