Michelle B submits:
STZ, on Thursday, April 5, released estimate-beating earnings. I noticed STZ during my premarket news reading, and once the market opened, via the top NYSE gainers scan and its notable movement on the high ticker. It gapped up, filled in the gap, and then made new intra highs within the […]
Browsing up-legs™
STZ: Bull Flag Separating Two Measured Up Legs
Posted by Michelle B in April 9th, 2007
5 Comments
Understanding and Using Capitulation for Reversal Daytrades
Posted by Michelle B in April 2nd, 2007
Posted in: Michelle B's Posts, Stock Market Tags in: Bear-Flag, Bull-flags, Capitulation, Chart-Patterns, down-legs, Price, QQQQ, Reversal, Technical Analysis, up-legs and Volume
Michelle B submits:
LP, in a recent comment to this blog entry, expressed interest in understanding trades based on capitulation. Capitulation means that there are no more sellers for the moment, and the stock price will rebound sharply. The most important aspect is not to confuse capitulation with the low-grade drip, drip of continuing […]
