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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ivan solotaroff who wrote (37980)1/2/2001 1:19:48 AM
From: Doug R  Read Replies (3) | Respond to of 79166
 
Ivan,

CLPA did it twice in Dec. though the first time didn't lead with volume. 12/7 and 12/28 & 29 were the "compressed" bars.

siliconinvestor.com
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TLGD compression was on 12/27

siliconinvestor.com

The formation is one of the riskier ones though because failures result in moves that are as prominent to the downside as they can be to the upside. Relatively tight stops are advised.

Doug R