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

SOXL 41.28

+5.3%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (16169)	6/2/2004 12:04:21 PM
From: Chip McVickar	Read Replies (1) of 207076

Hi GZ, Yes, the time gap is important. But I can't build much of any TA support "at this point in time" for a declining market.... even the last 3 flat bars have the potential to be a platform for higher prices. stockcharts.com[h,a]dacannay[dc][pf][j31487041,y]&listNum=8 There are no downward pitchforks operating in this 6 month chart... the 3 major forks have nice angles Geometerics are strong... Spiral pivot of 1087 low has a broken wall and 1150 high is positive with plenty of room... Even 1163 high has run out of time. There are no TP's forward until next week... So unless your dog is telling you "insider knowledge" the TA looks pretty good....!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next