Discussion in 'Technical Analysis' started by Li Ka Shing, May 11, 2006.
Do you think this is a valid "WM" pattern?
A W is a bottoming pattern.
An M is a topping pattern.
What you have here is an upwardly-trending channel.
No. The "W" and "M" should be "taller", i.e. more volatile.
That looks like a double V... and double A...
Wait... more like an N... Q... O... P... B... C...
It must be a series of "/" and "\"...
Forget the fancy pattern names and just look at the price.
You have rising pivots ( both top & bottom) therefore you are in a long market.
You are making this game difficult.
Right, KISS rules. ....................
Those are 2 different inverted head and shoulders.
A 69 position? err formation?
This is the latest update from today's action. The chart becomes like this:
When you see this chart, what comes to your mind?
seriously ? greata biga babalabushkas.....
Separate names with a comma.