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: Shack who wrote (120073)	6/8/2005 11:47:06 PM
From: skinowski	Respond to of 209892

March top is higher than the Jan top so how can that March top be part of a "downchannel" that begins prior? I am not sure if that's a problem. I figure, you draw a line through two clearly defined swing lows or highs, and then draw another - parallel - line through the "reaction" top/bottom. If the price appears to bounce off that second line once it reaches it, that's potential channeling action. But it is very preliminary at this time... I don't think it's worth much until it proves itself "real".