Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (111869)	1/13/2005 8:21:07 PM
From: Galirayo	Respond to of 209892

[edit] Freep, Yes the Black stick covering over 3 white trading days is a bullish pattern with low dependability. This looks more like a breakdown off support. I just looked at it like it was a Strike of 3 Days Trading. The main reason I'm looking at it this way is because we've traded below the 50sma for quite a few days with no test of the 50. Some of the others just penetrated the 50 to the downside. I just don't like it. Here is a Three Line Strike. This is not what we're looking at. litwick.com We're looking at Engulfing Sticks below a major MA. I'll call it a Big Strike on an Engulfer. litwick.com Sorry I was not very clear. Ray