This morning in the Price Patterns class we took a short tour of
prophet's price pattern search feature. If you were not there, we discussed that the only way to get access to this class is through the 4-day live class here in Utah. I say that
only to hedge the numerous e-mails that would end up in my lap asking how to get access.
Here is the short list of stocks I presented this morning that had emerging or completed patterns. Add these to the list of patterns we have discussed each week for the last few months.
USNA- Symmetrical Triangle
FAST- Ascending Triangle
HITT- Ascending Triangle
ASF- Pennant
DBRN- Flag
A few posts ago I mentioned EBAY as a triangle setup. It broke out on 10/4 and looks to be in the process of retesting support. This could be a nice chance to enter if the original breakout was missed. Be aware of IV and earnings!
Posted by Colabella | 10/10/2006 11:59:00 AM
Keep an eye on AGE today. It's at resistance of an ascending triangle. So far there is no huge amount of volume, but it has made some good moves in the last few weeks and may do that again. Good Luck!
Posted by Debbie Davis | 10/13/2006 08:36:00 AM