Raptor's Den II Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Raptor's Den II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: da_cheif™ who wrote (701)	4/24/2003 11:36:44 PM
From: velociraptor_	Read Replies (2) of 3432

Any break out of that pattern will be a fake one, will be short, and won't last long at all. Ascending triangles are valid bullish patterns if they are associated with rising volume. In that case, the pattern would suggest stiff psychological resistance and rising volume would be needed to show increasing support as the triangle develops which then breaks out in a bullish way. This pattern has falling volume and thus dying interest.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next