SMH Big Test

Discussion in 'Trading' started by waggie945, Sep 25, 2003.

  1. waggie945

    waggie945

    at 40 Day Moving Average today: 35.20

    Second test after initial pop coming now!

    :)
     
    #1     Sep 25, 2003
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  2. waggie945

    waggie945

    on the day.

    35.20 test looking successful!

    $35.95 last

    :D
     
    #2     Sep 25, 2003
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  3. inandlong

    inandlong

    Nice work.
     
    #3     Sep 25, 2003
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  4. waggie945

    waggie945

    today in the SMH:

    38.85 - 35.39 = 3.46

    38.15 - 3.46 = 34.69

    Today's low = 34.76

    Classic A-B-C Measured-Move.
     
    #4     Sep 26, 2003
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  5. waggie945

    waggie945

    Semis are rocking higher and today's low completes the measured-move pattern, just a few cents lower than the predicted target.

    :p
     
    #5     Sep 29, 2003
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