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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: shamsaee who wrote (28616)8/29/2000 10:17:16 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
It usually needs to have a flat top, though, which is why I'm finding this pattern odd, as the entire formation is descending. It was just negated to the upside, so I guess you're right. ;-)



To: shamsaee who wrote (28616)8/29/2000 10:43:02 AM
From: Paul Shread  Respond to of 42787
 
FWIW, just looked up right-angled broadening formations in Edwards & Magee: they're generally bearish, regardless of which side is flat, except of course in the case of a flat-topped one that breaks to the upside. Now that's clarity! ;-) Looks like we have 2 touches on 4090 today.


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