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Traders-Talk.com > TTHQ Directory > Swing Waves!
ronkw
I nibbled on a few Friday.

last three days may have built a bull flag.

I'll stay 2-3% lower or 3-4 days, which ever comes first.

Like I said, if it's any good, I think it's time has arrived now.SRSL 1 yr

diogenes227
QUOTE (ronkw @ Dec 24 2007, 02:13 AM) *
I nibbled on a few Friday.

last three days may have built a bull flag.

I'll stay 2-3% lower or 3-4 days, which ever comes first.

Like I said, if it's any good, I think it's time has arrived now.SRSL 1 yr



Shouldn't you wait until it comes across the top line of the wedge with some volume?
ronkw
trendlines didn't come thru on the first post, trying again.

SRSL
mss
QUOTE (ronkw @ Dec 24 2007, 01:07 PM) *
trendlines didn't come thru on the first post, trying again.

SRSL


Here is your chart.

ronkw
thanks mss

diogenes,
it's been my experience with these types of formations that a catalytst will hit them. It typically will gap up
5-7%, (then run another 8-10-12%) so you have to be in it before that event occurs. They happen quickly.

The risk is they sometimes gap down, below the LDTL.
Expecting resolution soon. I think this one's ready to pop.
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