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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject7/19/2002 2:57:17 PM
From: Shack  Read Replies (3) of 209892
 
For anyone interested in a classic wedge breakdown, I was doing some chart work for my friends at my old employer who are holding stock options in their company. Great shorting opportunity here IMO.

marketswing.com

The scary thing is this giant wedge is actually a right shoulder of a H&S on the monthly chart going back to 1990! WOuld see this stock into the low teens.
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