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


To: augieboo who wrote (41137)11/21/2002 10:51:49 PM
From: DayTraderKidd  Respond to of 52237
 
The only way a formation like that could possibly work if it were not broadcast very well. The volume looks pretty good for the pattern. The shallow right shoulder suggests to me that the pattern is going to play out quick.

I agree with you that the shoulders are far apart. But once again, if it were a prettier picture than it already is (to me anyway) it probably wouldn't happen.

I see some people on the boards are waiting for the right shoulder to form down below 1300. I think it already formed and we already blew through the neckline.