Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (46)	6/22/2001 11:36:00 AM
From: HairBall	Read Replies (2) \| Respond to of 1328

NTAP Intraday Chart... My QCharts “Intraday” – NTAP (Network Appliance) 65-Min Semi-log Chart As you (John) pointed out the rally today ran into initial resistance at the down trend line originating from the secondary high on 6/13. However, note this up move after a brief drop below is a break to the norm of falling wedge. Even though the wedge has a violation, it will likely result in at least a partial retrace of the formation and is hinting at a possible reversal of trend. However this initial move up is steep and will likely generate a pullback soon or at least a sideways pause. Of course, as always the trend lines and support/resistance area are there to clue the expected and the unexpected. marketdirectionanalysis.homestead.com How to Interpret My Charts marketdirectionanalysis.homestead.com Regards, LG Disclaimer: The above is my opinion only and I reserve the right to be wrong. Do not base any investment decision solely on any one person's views or analysis. Do your own research and take responsibility for your investment decisions.