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


To: ivan solotaroff who wrote (24404)12/19/1998 2:58:00 AM
From: Doug R  Read Replies (2) | Respond to of 79273
 
Ivan,

ACTM is putting in the MIM here. It's doing a Scotty imitation..."Captain, Ah neeed more time!"
Since it hasn't yet shown that the MIM is topped out (as WARPF definitely has), I can't even get any type of time frame on it.
And yes. CHCS was a MIMBO that went on to complete a cup with handle breakout. Ahh to have found that one sooner...
An interesting thing I haven't often mentioned (maybe not even ever at all), is that most often the bottom of the handle will reach down to the top of the MIM or the high on which the peg line is anchored. In CHCS's case, it went to the Peg line anchor. It's actually a very cool phenomenon. Cool phenomena are my favorite.

Doug R