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

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To: ftth who wrote (230)9/23/1997 11:43:00 PM
From: HeyRainier   of 257
 
Hi Dave, good to see you on this thread too. Stocks:

I looked at AMK and also thought it looked tempting;

UTI looks more promising now that that hammer formed on today's trading...

and RES, that was a rocket all right. I've never seen anything with such a high RSI level. It took a big trip south today, but I've gotten interested enough to keep an eye on it.

On a different note, I was wondering if your scans were capable of searching for ascending triangle patterns. I'm not sure if such parameters can be set within a program though. For a few examples, it might help to refer to (1) EQNX(very recent) (2) SPTR(early April to mid-May) (3) WLFI(early May to late July) and a more stretched out version with our favorite, (4) MFAC. Just a thought..

Regards,

Rainier
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