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 : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (5218)1/8/2005 4:10:52 PM
From: cthruu  Respond to of 7682
 
Nice charts, Tom. I should visit that more often.

What is the second point(ggg)?



To: tom pope who wrote (5218)1/8/2005 4:42:04 PM
From: cthruu  Read Replies (3) | Respond to of 7682
 
Well, that 11/29 gap looked like exhaustion gap to me. I have not seen many issues make more than one exhaustion gaps in a row. AAPL triangle measures to 73 but I am skeptical of that move. The Oct-Dec flag measures all the way to almost 100 in that case.

I have placed a pretty close stop here.

If it gaps on Monday and fails I'll bail in a hurry. If it holds and continues I am looking at around 77-77.50 by the options expiration day.

We will have to see how it plays out ;)