SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Investor's Business Daily -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (129)9/1/2000 9:19:44 PM
From: Digitom  Read Replies (2) | Respond to of 164
 
ARBA as of today has formed a perfect cup...

siliconinvestor.com

...when looking at a chart like this one, I eliminate the intraday spike in March, and compare the close from today and the previous high in March.

Also, BEAS has also formed a cup as of today. Eliminate the parabolic one-day spike at 73 in early March, and match today's close to those prices...

siliconinvestor.com

...ideally these stocks would encounter resistance at those former highs and retreat no more than 10%-15%, allowing those who bought at previous highs only to watch the share price decline to cash out now at break-even.