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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?


To: Greg McDaniel who wrote (100)10/24/1998 12:39:00 AM
From: sean sanders  Read Replies (1) | Respond to of 967
 
Greg nice pick ...

only thing I'd be concerned about with this one is that the volume is lower then your typical stock, so if your in it watch for a quick retraction if it completes the d bottom/asc tri ...

I like it thou :)

geocities.com

here's the visual and a few comments

any more feedback on this one?

Sean



To: Greg McDaniel who wrote (100)10/26/1998 11:18:00 PM
From: sean sanders  Respond to of 967
 
How about an update on the stocks that have been mentioned in the recent past ...

Well I'd be holding a nice chunck of change if I'd been in VLNC :)
I think those asc tris are my favorite. Faily strong day today. Remember watch for it to drop back; perhaps test the support once it reaches it's measuring line. Some of the small caps move quick.

INSS - now would you call the previous 3 days a flag? usually they slant straight across or down like this. What do you think? a flag?

KLAC - Well I could call today's candle a hanging man, which sometimes gives way to a downtrend, but I've seen a hanging man just widdle out to be a short pause. - notice the close of the gap - (I still don't know what to believe look for the gap to close or not to look - all those books are confusing).

that's all for now

Sean