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Strategies & Market Trends : Tech Stock Options

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To: Imuah who wrote (58419)4/15/1999 6:44:00 PM
From: Gersh Avery  Read Replies (1) of 58727
 
OK .. now I know why I wasn't seeing the formation that you were talking about.

I did notice the formation that you are talking about. Most people that have pointed that formation out here on SI call it a "megaphone" formation. This is not a ascending triangle. A ascending triangle would have intersecting lines in the future, not the past.

techstocks.com

This will give you several persons views about this formation. I think that most view this formation as bearish.

What was the upgrade based on?

Gersh
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