InvestorsHub Logo
Followers 3
Posts 416
Boards Moderated 0
Alias Born 07/07/2002

Re: plexxus post# 37235

Saturday, 11/27/2004 1:12:12 PM

Saturday, November 27, 2004 1:12:12 PM

Post# of 148479
plexxus,

Aren't descending triangles bearish, by definition? I can see that breaking up and out of that pattern on good volume and holding the breakout would be bullish, but until that happens, shouldn't we assume the downside?

Just interested in your thinking on this, and tia.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.