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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: cybersaavy who wrote (128062)1/13/2006 4:47:41 PM
From: Galirayo  Respond to of 209892
 
Very Nice as usual Savvy .. What have you up your sleeve under 20.00 .. Mid Cap ??

TIA

Ray



To: cybersaavy who wrote (128062)1/13/2006 5:14:56 PM
From: Henry J Costanzo  Respond to of 209892
 
NGPS..Interesting case, cs.

In classic TA, the triangle as you show it....from the beginning of 2005...would probably have to be invalidated because of the proximity of the breakout to the apex.

OTOH there is another triangle here......beginning last May/July........, If that is taken as the real pattern here, then of course, the size of the triangle becomes smaller, and the price objective more modest.....