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Pastimes : JAVC - Java Centrale

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To: Sidney Reilly who wrote (241)10/5/1997 9:19:00 PM
From: James Strauss   of 279
 
Chart Patterns....

>>>I'm a little farther along the learning curve today
(I hope) and have to ask. Did JAVC just complete a very
large (Feb.-Oct.) cup and handle formation? If so, what
is the significance of it taking so long? Thanks, Bob<<<
**********************************************
Bob:

It's more of a Reverse Head and Shoulders pattern....

""""| |""""
| |
| |
\ /

The Cup and Handle formation looks similar, but looks
more like this:

| |"
| | "
| |
\ /

The right side has a downward sloping bias... Also,
there is falling volume... JAVC volume is not falling...

Jim
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