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

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To: HeyRainier who wrote (242)9/25/1997 12:10:00 AM
From: ftth   of 257
 
Rainier:IPS--does this fit the mold of the strong ascending-t breakout since its 3rd (confirming) test of the high was also the breakout (today)?

KEA--future ascending-t breakout?

SUNW--Ascending-t

(What criteria have you found work best (duration, # tests of the high, how much margin do you give the high test levels before you say they aren't close enough)

RES is tanking!

BHE may be poised to move. Nice consolidation.

CFK-false breakout from the flag, but selling has stayed well-constrained.

CXP--nice base in a good stock. Bought a small chunk of this at 29 on the apparent breakout day (9/17). Seems to have a pretty solid floor at about 27 1/2.

dh
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