Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 43.75

+4.6%

4:00 PM EST

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To: GROUND ZERO™ who wrote (5502)	11/15/2002 4:14:02 PM
From: Chip McVickar	Read Replies (1) of 206818

Well that's a either a buy wiggle in the midst of a trend higher or the second bar sell wiggle. Look at a 60 min chart going back to august... You'll see one of those famous and notortious head and shoulder patterns that the bears love. Take another look see the "W" starting around the 28th of Oct... it's got the rising W formation... GZ this weeks experation was a whimp... and well controled. Next week looks very impressive and important for this run. If the weekly sell wiggle forms, the bull move will have trouble. charts.barchart.com

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