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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 65.20+5.5%Feb 2 4:00 PM EST
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To: da_cheif™ who wrote (9927)7/15/2003 1:21:23 PM
From: Kirk ©  Read Replies (1) of 208206
 
Interesting chart here
stockcharts.com

we are at the 5th attempt at a new high on that chart.

go back to a price vs time chart
stockcharts.com[w,a]daclyiay[d20010516,20040501][pb50!b200!d20,2!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G

and you see it wanted to "test" that "2001 944 level" from above before it can really go higher.

If I look at the chart since the March 2003 shoulder at 789, we can draw a ascending triangle to today's level at 1015 or so... This ascending wedge should have a target of about 1220 which would put it just above the 2002 high ov 1177.

Pretty cool!
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