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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Tai Jin who wrote (34730)11/3/2000 12:12:14 PM
From: Paul Shread  Respond to of 42787
 
No, wedges can even squeeze out the end of the apex and still maintain their power. An upside negation (with force) would be bullish, however.



To: Tai Jin who wrote (34730)11/3/2000 12:35:07 PM
From: Paul Shread  Read Replies (3) | Respond to of 42787
 
The power of triangles is lessened when they go all the way to the apex, but not wedges. Don't ask me why. I don't make the rules. ;-)



To: Tai Jin who wrote (34730)11/3/2000 3:00:29 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Tai Jin,

>>>> Isn't the effect of the wedge pattern negated or at least lessened if it goes to the apex? <<<<

Im not aware of that, although it is much more common that a pattern is resolved prior to the APEX. Not sure if one can conclude whether or not the pattern is negated/weakened in such a case.

seeya



To: Tai Jin who wrote (34730)11/4/2000 7:18:52 PM
From: Robert Graham  Respond to of 42787
 
I have seen some approach the apex. All ended up with the same predictable outcome. So in the case of wedges, I do not believe price reaching the apex negates the wedge. You are thinking of triangles.

Bob Graham