SI
SI
discoversearch

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 : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Dominick who wrote (16664)5/22/2003 10:16:19 PM
From: Threei  Read Replies (1) | Respond to of 18137
 
I am looking at 50 days (even that is way too long for me <GG>)...it tests 24 support for the third time, bounce today was dismal while NDX was strong... this bounce could easily form the handle to the cup formed from 4/11 to yesterday, and break down further. Next break of 24 I would be shorting providing 1.it happens within a week -10 days, 2. bounce meets resistance not higher than 25 and 3. volume dries up to the top of this handle and increases toward the rim. Take it for what it worth, I am not swing trader :)

Vad