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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: j g cordes who wrote (198)8/23/1997 5:03:00 AM
From: HeyRainier   of 257
 
Jim, I like Amati a lot. Friday's action was very strong, and formed what is called a Takuri Line in candlestick talk, which is a very strong version of a Hammer pattern, both of which are bullish signals. I saw the ascending triangle breakout, and will be looking for any dips next week for potential entry points. Excellent find.

Regards,

Rainier
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