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Strategies & Market Trends : Chart Formations

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To: sean sanders who wrote (69)6/14/1998 4:15:00 PM
From: sean sanders  Read Replies (3) of 967
 
To ALL,

To start out I would like to present PILL.
geocities.com

This chart was pointed out to me by Chris Chang whom used GET to do some analysis on it. I appreciate his GET approach and the added insight that he has provided with that program. I noticed a chart formation as I was reviewing his analysis.

A head and shoulders formation.

Notice how the volume increased at each shoulder and at the head.

Chart formations are not always text book examples (as noticed by the slight deviation after the head completed).

The blue and green line are the 50 and 200 exp. mov. avgs.

feel free to comment or mention your own observations about a particular stock.

Sean Sanders

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