Discussion in 'Trading' started by waggie945, Sep 25, 2003.
at 40 Day Moving Average today: 35.20
Second test after initial pop coming now!
on the day.
35.20 test looking successful!
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.
Semis are rocking higher and today's low completes the measured-move pattern, just a few cents lower than the predicted target.