Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 3.025

-5.2%

Nov 14 9:30 AM EST

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To: james paterson who wrote (2569)	5/11/1998 11:27:00 PM
From: Clark Wang	of 5827

John Murphy commented BLDPF 'It sure looks like a bullish symmetrical triangle.' last week in his forum. The volume dried up as the triangle develops - a classical pattern of consolidation. Again, if you believe in TA, there is nothing to worry. The risk is predefined. I still remembered two instances back in January. - Barron did a negative piece on Dell. Dell broke out the triangle a few days later. - Barron also questioned the valuation on AMZN. AMZN got a higher reaction lows inside the triangle. Six weeks later AMZN broke out the triangle. How about KTEL? Barron's article on KTEL actually marked the reaction low next Monday. KTEL has completely recovered all the loss before the article and gained a lot. Life is ironic?

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