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Thursday, July 31, 2008 12:42:04 PM
If you count the extremes within the 60 minute triangle you can count 3 at present. It is significant because that is a Fib number. However, they will often run it out near the end of such a configuration...... stretching it to a five or eight count (more Fib numbers) before letting the stock go.
Let's see what they do with it. .006 x .007 right now
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893
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