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Strategies & Market Trends : Technical Analysis With Charts

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To: bumblin bob who wrote (4377)3/8/2007 12:36:58 AM
From: Quasi2  Read Replies (2) of 6865
 
RE: URZ and URME are two uranium ...... .
Yes Bob, another couple of interesting ones, although URME is a Nas BB stock so thats a strike against it, but for very short term maybe.

Funny how almost all these uranium charts look alike, increasing volume, MA convergence and then crossover to the good side, then stairstep uptrend or kind of sequential sloppy ascending triangles.

Ascending triangles are one of my favorite entries on the breakout, or if I miss it on the pullback to support. I like to see them form with a nice flat top, well defined upsloping lower trendline and most important at least 3 or more positive touches on the upper resistance and lots on the lower. Don't often find them like that but gotta like it when you do.

happy trading / investing
Quasi

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