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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Alski who wrote (24040)12/10/1998 10:53:00 PM
From: bdog  Read Replies (2) | Respond to of 79230
 
Alski, "Any good triple bottom theories out there to predict how high they bounce this time? "

No, but I'm not afraid to go out on a limb and try to field this one...>g<

A triple bottom I would treat somewhat the same as a double bottom, such as look for lower volume on last bottom and watch for increased vol at the break out and target it with a measuring objective from previous trough to the peak.

I would also watch the stochs as we are in a some what rectangular trading range.

bottomdog