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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: sean sanders who wrote (206)	7/16/1999 10:25:00 PM
From: Casaubon	Read Replies (1) \| Respond to of 967

check out this iqc.com a high volume test of a 4 year old trendline followed by a dead cat bounce (the bullish piercing candle following the selloff). The pattern could be setting up for a bullish rising three method candle formation. My guess is that it will test $11 as the top of the channel. BTW, WMAR looks like it is doing something similar to what cent did in may to early june, so stay on top of that trade. I got into CENT at $14 (mid may) and decided it was a symettrical triangle in a down trend and stepped out right before it kamakazed.