SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Shread who wrote (11990)7/18/2001 2:03:55 PM
From: donald sew  Read Replies (3) of 52237
 
Paul,

Please take a look at the NDX on a 60-min chart. After the UP-GAP on 7/12, it looks like a FALLING WEDGE which implies bullishness. It looks like the LOWER TRENDLINE of this possible wedge is pointing to about 1660-1650, which is only 10-20 points away. Of course if the the lower trendline of that wedge doesnt hold that would be a significant negative. My short-term technicals on the NDX is only in the midrange, so there is enough/plenty of potential downside room to allow for a break below that lower trendline of the wedge.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News