artv53 |
Gold User, Member, TeleChart
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Registered User |
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Thursday, January 6, 2005 |
Sunday, February 6, 2011 8:14:45 AM |
3 [0.00% of all post / 0.00 posts per day] |
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While I still think this looks good for a small dump, I won't play it because of what happened with PNRA yesterday.
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nice inverted head and shoulders on DIA. Snap a trendline on the Aug, Sept, and Dec lows for the shoulder trendline. We are there right now. Gap fill needed at 100.50? Check out a ten period tsv on the trannies and smallies or IJR.
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Lots of compression/range tightening on this one which can be seen if you draw trendlines from the low in '01 and the high in '02. Kind of a monster rising wedge. Looks good for a pullback at least to the lower trendline at 27.50 imo, though I am only watching right now.
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