Search results

OK, Real time Real life PDLI Protein Design Labs biopharmaceutical Co. Bullish Gartley triggered on 8/16/07 which I did not see until after the fact. i like this company and was mad I missed the opportunity. I was waiting for a pullback. Pull back is here on news after hours that took the...

arch chemical update ARJ ......can this chemical company kill this bearish butterfly...time will tell.

You are correct. I have recent positions in BSX, DBRN, and today AMGN, and ABBI. All long positions. i decided to make a portfolio of stocks based solely on these patterns .

here is a monthly chart of Cooper Tire showing a bullish pattern that kicked off a nice run. This is why I scour the charts i had this posted but the chart is damaged so i am posting this cooper tire monthly chart again

just started a position in ABBI Abraxis Bioscience at 20.33 based on pullback from bullish pattern trigger. Stop at 18.00 for now in case it blows through point D

update on Arch Chemicals. 15 minute chart of today. the green line on the chart is point D where the pattern completed a potential short area. The pattern triggered on a Weekly chart.

I just bought some amgn 49.17 on this pullback using 48.00 area point D as my guide for downside risk. this is a long term hold not a day trade. We can revisit 48.00 area but we do not know for sure.

let's keep watch on Arch chemicals ARJ because it just triggered a butterfly short pattern so we do not have hindsight on this one. You can see volume is drying up. We went above point D today and closed at point D. This is a short pattern here

getting close to bed time...hope somebody learned something. Be safe use stop protection out there but not too tight

ROCKWELL ROK STARTED ROCKIN WHEN MR. GARTLEY CAME A KNOCKIN. 4/13/07 a Gartley pattern was triggered and Rocwell never looked back. You can see that very high selling volume spike on 4/05/07 that preceded the pattern completion. I also want to point out that many traders who teach and use...

OSK OSHKOSH TRUCK. Oh my gosh Oshkosh hit a "Bat" on 7/13/07 and swerved off the road. There may be more downside to come but you want to see this push up first. Getting short here is bad positioning in my opinion. If you miss a good entry go on to the next stock.

OFFICE DEPOT ODP This is a Failed bullish butterfly pattern. this would have hurt you bsdly if you failed to react after point D was violated. there are times when small failures will recover but you and I can never know which will recover and which will not so use a stop or know where you...

KG KING PHARMACEUTICALS. oN 5/11/07 THE KING was dethroned by a little "CRAB" Bearish crab pattern weekly chart These are weekly bars. Note how after the first rejection off point D the price crept back towards point D for 4 weeks before breaking down

JOYG Joy Global ...On 7/20/07 Joy Global ran into a Bear named "Gartley". Notice the symetry of AB=CD. after this kicked off you had to decide quickly to take this short. So, as you see sometimes you have time to decide and other times you do not. This is what makes things so difficult.

FDO FAMILY DOLLAR STORES . On 6/19/07 a bearish "Crab" pattern kicked off. What I want to point out is that you can see how important point D is. It acted as resistance for a Month before FAmily Dollar finally broke down...and it broke down nicely. So even after a pattern kicks off you can...

SIGNING OFF, GOT TO REST FOR TOMORROW. Good trading/investing

BB, The Gatley does not extend past point X not D as stated above, while the butterfly and other patterns do extend past point X (not D)...I must be tired

The Gartley is just one pattern and does not extend as far at point D as the other patterns. Alot of the patterns I happened to find are Butterfly patterns which extend past point D. It is true however that on all these patterns some people are more strict on their Fib numbers where mine are not...

Arch Chemical ARJ weekly. This pattern just triggered and retested the highs last week for a bearish Butterfly. Also note the extreme buying volume which is present at turning points. This will be interesting to see how this plays out. The pattern is warning of a possible top here.

Manpower MAN....I showed a sucessful "crab" pattern with Lincoln National, now here is a failed Bearish Crab pattern on the Manpower chart. A failure of these patterns can mean a trade in the direction of the failure. Also, you should know that trading above point D negates the trade (although...