pitchforks

Discussion in 'Technical Analysis' started by racehorse, Mar 9, 2004.

  1. slavduja

    slavduja

    konviction

    How do you select your pivots for the pitchfork??
    The pivots are the most important part.
    Also wanted to get your opinion on the file attached.
     
    #521     Sep 29, 2010
  2. #522     Sep 29, 2010
  3. Some nice AR lines on BRCM weekly. No trade yet though.
     
    • brcm.jpg
      File size:
      251.1 KB
      Views:
      91
    #523     Sep 29, 2010
  4. Looks like my analysis on RSH is proving correct...lets see if this will be another short trade.
     
    • rsh.jpg
      File size:
      306.6 KB
      Views:
      89
    #524     Sep 29, 2010
  5. hopeful

    hopeful

    Adding charty.
     
    #525     Sep 29, 2010
  6. ^ ok now take all that stuff off except for the forks, and it will make more sense..or at least look better :D .
     
    #526     Sep 29, 2010
  7. hopeful

    hopeful

    Done
     
    #527     Sep 29, 2010
  8. just got long BA, with stops at mothly swing low at 58.86.
     
    #528     Sep 29, 2010
  9. slavduja

    slavduja

  10. hopeful

    hopeful

    Those pitchfork lines are holding the price down, and there is a very clear divergence between stochastics and price. Down we go, but the PPT will save the day!
     
    #530     Sep 30, 2010