Post feedWeekly Price Patterns
Trader indecision has resulted in a mass of patterns this week. Most of the list is made up of Symmetrical Triangles. A few of these were submitted to me through e-mail and thought I could add them in here also. Have fun.
CNQ- Symmetrical Triangle
ATW- Symmetrical Triangle
WTR- Symmetrical Triangle
GVHR- Symmetrical Triangle
LUFK- Symmetrical Triangle
RESP- Symmetrical Triangle
OXY- Symmetrical Triangle
EAT- Symmetrical Triangle
ATW- Symmetrical Triangle
WTR- Symmetrical Triangle
GVHR- Symmetrical Triangle
LUFK- Symmetrical Triangle
RESP- Symmetrical Triangle
OXY- Symmetrical Triangle
EAT- Symmetrical Triangle
CNQR- Symmetrical Triangle
SYK- Symmetrical Triangle
BEN - H&S Top
BER- H&S Top
TDY- H&S Top
IYE- Rectangle/Potential Triple Top
Jeff,
Could you comment on the GOOG 490/500 bull put spread.
Is it time to bail out.
Posted by
Anonymous |
11/28/2006 10:07:00 AM
I'm watching KSS as a potential double top (or rectangle).
Posted by
Andrew |
11/28/2006 10:40:00 AM
ZION is breaking down from a large symmetrical triangle (been watching this one for awhile). Great risk/reward here today.
Also, got in to the BEN trade today at $105.00. I see some resistance there.
Watching BOOM to see if support breaks as well. It's sort of a descending triangle, but either way, there's a flat support line it's sitting right at.
Posted by
Brett |
11/28/2006 12:24:00 PM
AVR ($24.40) broke out today as well. Looks like a big move expected ($3.50) in about 8 weeks.
Posted by
Brett |
11/28/2006 01:28:00 PM
AMLN setting up a NICE bear flag.
Posted by
Brett |
11/29/2006 05:49:00 AM