SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Longer-Term Market Trends
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: skinowski who wrote (2384)4/3/2013 3:48:56 PM
From: AllansAlias1 Recommendation  Read Replies (4) of 3209
 
We'll see old friend. Would be fun to nail it, but what are the chances lol. I think this last few weeks over overlapping rise is a top -- a 5th wave. Plenty of rising wedges to be found in these last few weeks.

The rising wedge, imo, is about the most reliable formation there is. If it rises up out of it, for more than a short-term throwover, then it is very bullish -- a Hound. Of course, the normal resolution, the one the initial bet should be on, is that it falls out of it into a significant down leg.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News