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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: lipid who wrote (69951)11/15/2011 1:58:30 PM
From: Runomoâ„¢  Read Replies (1) | Respond to of 207390
 
symmetrical triangles are continuation patterns and usually resolve in the direction of the prevailing trend which is up since early october...more importantly market internals have worked off their overbought condition in the last two and a half weeks and imo are now ready....

stockcharts.com



To: lipid who wrote (69951)11/15/2011 2:03:58 PM
From: robert b furman  Read Replies (2) | Respond to of 207390
 
Hi lipid,

Volume will be important,as in an increase on a brek out up.

A backtest would be a GREAT SET UP AS WELL.

Bob