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

To: Peace who wrote (50478)	5/20/2013 11:26:25 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220512

No, just close above the high of the day that made the low, that was Thursday... the second day must have a higher high and a higher low that the first day, and the second day must also close lower... then, the third day, which is today, must trade below the low of the second day and then close above the high of the first day... that would be a classic 3 day buy wiggle pattern... they're rare, but when they complete they shouldn't be ignored, especially if you're short... GZ