Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 1.075

-16.0%

Dec 24 12:59 PM EST

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To: Scott H. Davis who wrote (7878)	1/23/1998 12:50:00 PM
From: vegetarian	Read Replies (2) of 14328

Your technical observation is correct, unfortunately, Triby does not obey no stinkin' ascending triangles. Look at the one formed with resistance at 3, it broke down through that ascending triangle. Statistically, 3 out of 4 cases of ascending triangle break on the upside buy Triby chooses to be contrarian to the mob and falls in the remaining 1 out of 4. ;-)

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