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Pastimes : A Novel Academy: 56ers in Annapolis

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To: Doug R who wrote (2375)12/15/1997 4:28:00 PM
From: Dave H  Read Replies (2) of 2403
 
Doug,
Can you take a look at THIS? I think it's a mimbo currently retesting the BO.
i'm using the high during the week of 2/21/97 for the downtrend line.
(One question, is it valid to use 7/7/97 as the initial breakout even though the original downtrend line was already broken? I ask because that's clearly the breakout day that has volume confirmation.

is this a false mimbo because of that? if so, does volume confirmation & breakout have to happen on the same day, and do they also have to break the original downtrend line?

thanks,
dave
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