Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Nov 14 4:00 PM EST

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To: chartseer who wrote (39680)	11/1/2012 1:59:10 PM
From: Chip McVickar	Read Replies (3) of 218849

High ploe - low pole warning.... see if you can access this discription... If not... you might be able to by signing up for the free chart offering...? The high pole warning is given when a chart rises above a previous high by at least 3 boxes but then reverses to give back at least 50 percent of the rise. The reversal implies that the demand that was making the prices rise has given way to supply pressure. The pattern is a warning that lower prices could be seen in the future. stockcharts.com

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