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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (7985)11/20/1997 10:45:00 AM
From: Al Greenleaf  Read Replies (3) | Respond to of 79449
 
Dave - For me, confirmation is the same as any others in that I like to see a volume "kick" and more than one days price move to confirm an uptrend. I think it would be dangerous to just buy these gappers without other confirmations. Much like the "cup-and-handle" or MIMBO formations, volume and further price moves are generally needed to confirm.

By the way, I've enjoyed your posts, especially when you were drawing trend lines. Good work!

Regards,

-Al