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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (1973)4/13/1998 10:03:00 PM
From: Rick Thomas  Respond to of 8117
 
Greetings Ward ! Thank you for your response re:pennant formation on Pyng. Granted any pennant formation can break either up or down and time spent can be a critical factor. As posted in an earlier post, I mentioned that the percentages favour a move in the direction to which we enter the pennant or consolidation.This would indicate a greater likelihood of a move upward. Pennants may also move into a further consolidation pattern or trading range extending the basing pattern.This still does not neutralize the greater probability theme. Regards Rick.