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Strategies & Market Trends : Paint The Table

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To: Jorj X Mckie who wrote (3338)11/27/2001 3:48:36 PM
From: gypsees  Read Replies (2) of 23786
 
Thanks Jorj.. I will do that! I have just found your thread and another one on TA. I have posted a question on the other thread about CORV. It isn't a great trader but thru some stupidity I have it and am going to dump it. Anyway, On the daily chart (regular TA)... I have what looks like a rising wedge but contained within that wedge is a pennant. In addition to that, the wedge only works if I draw a trendline from the top of the tall dark candle on 9/26...If I start the trendline earlier around 8/1 or 8/2, I get what looks like a great big ascending triangle... very confusing. I don't know which trendline to use and if it is the wedge, I don't know how to interpret the pennant within it. Betcha wish you hadn't invited me to ask...lol

Robyn
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