C-Cube Message Board - Msg: 1995271

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Technology Stocks : C-Cube

CUBE 36.29

+1.9%

Nov 21 9:30 AM EST

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To: Stoctrash who wrote (20685)	8/18/1997 5:03:00 PM
From: FloydP	of 50808

Your right! Its all here on this thread about the breakout. See my post of August 16, #20615 where I discussed how the pennant flag formation has just evolved into a rising indecision wedge formation. This is TA heaven. First off the indecision wedge has been decisively broken to the upside with accompaning volume. Second, we had a positive OUTSIDE day. See the 100 day chart on CUBE when SI updates it with todays action. Definition of an positive OUTSIDE bar to the upside: Price action exceeded the privious days LOW and the previous days HI and finishes higher than the previous days closing HI. This is a real one two punch on a TA basis. Tommorrows action should be an extension of todays action, unless the whole market goes to pot. In that event they throw the baby out with the dishwater. Happy trading all....

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