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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: P314159d who wrote (31380)	5/15/1999 10:54:00 PM
From: DWCraig	Read Replies (2) \| Respond to of 36349

Piper, I have the flu, which may explain why I'm here posting P&F charts and not otherwise enjoying the weekend. Glad you liked them, though. As for reversal patterns, there are a number of them and as I said I'm no expert on them. One is I think called a bullish reversal pattern: it's when a stock makes a breakout, but then pulls back to the bullish support line before powering up. Smarter traders than me buy on these patterns. It's much easier just to spot breakouts and their relation to the bullish support or bearish resistance lines. As for PAIR, a sell signal would occur if it were to go to 11 1/2, marking a double bottom break and a break of the bullish support line. I should correct my earlier post. PAIR has actually given six successive buy signals since its low in March. They are: One at 10.5 (double top break) One at 11.5 (double top break) One at 12.0 (spread triple top break) One at 12.5 (spread double top break) One at 14.0 (spread quadruple top break) One at 14.5 (spread double top break) Also, the Adtran break at 16.5 was a spread double bottom break. --Doug