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


To: sean sanders who wrote (32809)3/21/2002 11:34:36 PM
From: Killswitch  Respond to of 52237
 
I think under other circumstances you could call it a channel or a wedge, but coming as it has after that 5+ point move in the QQQs (the flagpole) it has to be considered a pennant/flag continuation pattern. So if it clears 37 I think we have a good shot at hitting at least 42 eventually. I would only consider it a channel if it kept going like this between the lines for over 20 days.