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Strategies & Market Trends : Charts for Quick CASH $$$
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To: Galirayo who wrote (4529)10/24/1997 12:15:00 AM
From: HeyRainier  Read Replies (1) of 9262
 
[ PBT ] Ray, that's an Ascending Triangle all right. It showed good strength in the face of the broad market weakness. It's not as nicely formed as CCSI, but its TA shows it's strong. It might not hurt to take a nibble at this level and add on the breakout. That Doji concerns me as well, but remember that there was one also on CCSI right before the breakout. That volume as of late is extremely significant, so something is definitely taking shape here.

Regards,

Rainier
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