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Monk · 11-04-2004

check out this 3 year chart of the Nasdaq......4 touches of the resistance line and then breakout.

based on the size of the triangle, could be a 500 point move to 2500-ish

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[r,a]dfhannay[d20001221,20041221][pb50!b200][ilg][J37822390,Y]&pref=G

(need to copy and paste whole URL)

11-04-2004	#37
Monk Members Join Date: Oct 2002 Posts: 497	check out this 3 year chart of the Nasdaq......4 touches of the resistance line and then breakout. based on the size of the triangle, could be a 500 point move to 2500-ish http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[r,a]dfhannay[d20001221,20041221][pb50!b200][ilg][J37822390,Y]&pref=G (need to copy and paste whole URL)