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


To: Galirayo who wrote (34252)10/27/2000 2:01:37 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Ray,

>>>> What's this BTK Weekly look like to you? <<<<

Firstly, the RATE of INCLINE from JULY-SEPT slowed significantly.

Secondly, there was a BIG BEARISH WEDGE which broke to the downside and the lower trendline of that bearish WEDGE is now a resistance that is holding.

Thirdly, if one goes back to MARCH, it also looks like a MAJOR DOUBLE TOP.

If the BTK remains under 750, it may be forming a HEAD & SHOULDERS on the weekly.

On the DAILY, there could be an INVERSE HEAD & SHOULDERS forming.

Is this some sort of a test. gggggg