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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bull RidaH who wrote (26813)9/8/1998 8:51:00 AM
From: HairBall  Read Replies (2) of 94695
 
David: I asked this question of Carl last week and got no response. Maybe you have the answer. This megaphone formation is one I am not familiar. What is the expected resolution direction of megaphones say in a downtrend and an up trend! In other words do they follow the trend or reverse it?

Thanks in advance for your response.

Regards,
LG

PS: Do you know of any web sites with explanations of this formation or literature?
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