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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Lou Esposito who wrote (1931)7/24/1997 1:00:00 PM
From: HeyRainier   of 120523
 
There's an ascending triangle forming on CRNR, and it looks like it's ready to break out, based on the volume I've seen for the first three hours, which is equivalent to the whole day's average volume.

For those who don't know what happens to ascending triangles that break out, take a look at a couple, with the most recent being PRCP, and others like SPTR, BROC, and WLFI. It's as reliable as a chart can get, in my opinion. Keep your eyes on it, and wait for it to close above 6.25

Regards,

Rainier
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