Nazzdack, Thanks for your post. The lines are connected to show ABC Pattern (Bearish) based on Pivot Strength, AB/BC Ranges and its Fib....
Nasdaq [img]
SPX [img]
Indexes Charts with Fib. Levels Regards, Suri [img]
AAPL Weekly Chart Regards, Suri [img]
Here is AAPL's ABC Patterns. I like the support at 85 too but also watching Fib. Confluence support of two Daily ABC patterns and Weekly ABC...
GS Updated chart... Regards, Suri [img]
Goldman $73.34 Target (posted on June 30, 2008)...
RIMM's ABC Pattern Chart... Today's Low: 60.03 (1.62AB range) Regards, Suri [img]
RIMM Daily Chart regards, Suri [img]
QQQQ Daily Chart (with two ABC patterns) Regards, Suri [img]
RIMM Weekly ABC Pattern Regards, Suri [img]
Here is RIMM's ABC Pattern Support levels (Daily and Weekly Charts) Regards, Suri [img]
GS Target ($73) chart from June 30, 2008...
Here is LEH, GS Targets posted on June 30, 2008...
LEH's Monthly Target: $6.80 Regards, Suri [img]
Here is LEH Charts posted on June 30, 2008 with Target...
Breakout failures occur when Price closes below the Low of the Breakout bar. Until then, it is considered to be Breakout only... To trade,...
Potential Support/Bounce?? Regards, Suri [img]
LEH & GS Monthly Charts... http://www.elitetrader.com/vb/showthread.php?s=&postid=1977696&highlight=Suri#post1977696 Regards, Suri
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