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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Davy Crockett who wrote (2848)6/16/2001 11:23:11 PM
From: Tom McIlwain  Read Replies (1) of 5144
 
Peter

Here's a nice example of an ascending triangle which has broken to the upside. (Like you were hoping KHD might do) You might be interested in following this one for a while to see how it resolves itself. Too bad the volumes are so low.

stockcharts.com[l,a]dacayimy[dc][pc20][vc60][iUd20!Ub14!Ll14!La12,26,9!Lp14,3,3!Lc20]

Thoise two sell-off days in late March and late April certainly show the hazards of holding low volume momentum plays! It is always such a shame to find such a great looking chart with such terrible liquidity.

Tom
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