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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (82729)3/5/2002 9:41:55 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bb: Here is the chart for AKAM I promised. Note how the price action traded in a falling trading channel from its all time highs. The move above the resistance line last Nov resulted in a falling consolidation bouncing down along the resistance line testing it for support. That test traced out a shorter-term falling wedge resulting in the break out you pointed to yesterday...

My WOW "End of Day" AKAM Chart can be viewed at the link below. Click on Chart 3
lgscharts.homestead.com

Note: This chart is a double screen capture and is extra wide.

Regards,
LG