Two weeks off of the bottom, Triangles' flipped long and remain long well into this week's bar.
Despite my skepticism, this signal must be respected, whichever way it is pointing.
For now, that's UP.
Thursday, April 16, 2009
Triangles' Long
Two weeks off of the bottom, Triangles' flipped long and remain long well into this week's bar.
Despite my skepticism, this signal must be respected, whichever way it is pointing.
For now, that's UP.
Tuesday, April 14, 2009
Google reports earnings on Thursday. Henry Blodget is expecting good news. So is the Triangle chart below:
I rarely trade Google any more, preferring more predictable patterns, but since many of you do trade GOOG, heads-up for a volatile end-of-the-week.
I rarely trade Google any more, preferring more predictable patterns, but since many of you do trade GOOG, heads-up for a volatile end-of-the-week.
DNDN
DNDN is up over 200% on good results for their prostrate cancer drug. How would the Triangles have handled DNDN before the run-up?
The small box at the left lower corner of the chart tells all.
A Monthly Buy at $4.80, a Weekly Buy at $3.87 and a Daily buy at $4.45.
Should have, would have, could have.............but it was there, if only............
The small box at the left lower corner of the chart tells all.
A Monthly Buy at $4.80, a Weekly Buy at $3.87 and a Daily buy at $4.45.
Should have, would have, could have.............but it was there, if only............
Monday, April 13, 2009
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