Monday, March 13, 2006 2:58:16 PM
... NEOM broke the ascending triangle to the downside several days ago in the daily chart. A short term opportunity missed with what is typically a bullish pattern, really cool news could have started the buying volume necessary to break out to the upside and gotten the attention of many folks who watch for those types of events.
Now with the weekly breaking its ST uptrend to the downside as well, I start plotting where to leave just-in-case GTC buy orders for times when fast drops/bounces take place when I'm not around. Just in case :) (i.e., there is a tiny possible gap down there between .333 and .335 from the close on 1/11 and the open/low on 1/12. Now, NEOM did trade intraday on 1/11 as high as .335, so I'm not at all sure whether that is a gap that needs to be filled or not but, just for the heck of it, my first order is there.)
Daily:
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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