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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (46215)2/14/2013 3:42:12 PM
From: sandeep  Read Replies (1) | Respond to of 221579
 
From Wikipedia.
en.wikipedia.org

It claims that a close above the channel is strongly bullish. While there are examples of that from goog's chart, more often than not, it has marked the top. The higher channel is 10-day avg of trading range of the day above the 10-day avg of typical price.