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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: HeyRainier who wrote (177)7/18/1997 11:12:00 PM
From: Mana   of 257
 
Rainier,
Can you do me a favor and take a look at Advanced Energy(aeis). I am new to TA, but this stock looks like it is definitely in a up trend with increased volume. The thing that gets me, is that is P.E ratio is 103. I think this stock is ready to be shorted. The problem is every time i decide to do it(16,19,20)it goes up several points. It just keeps going up with no news.

Am i wrong and this stock is the next microsoft or is it ready for a crash?

Any information would be appreciated.

-Chris
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