AI
Tuesday, March 22, 2005 10:04:39 AM
NXG and GSS seem to have similar IH&S bottoming patterns forming. Right now they are filling their gap downs, albeit GSS is a smaller formation. IH&S formations need a distinctive break on volume to complete the formation. They would be higher risk trades right now.
NXG requires 20 days to breakout before the chart pattern is invalid based on Fibs time.
GSS requires 10 days to breakout before the chart pattern is invalid based on Fibs time.
NXG requires 20 days to breakout before the chart pattern is invalid based on Fibs time.
GSS requires 10 days to breakout before the chart pattern is invalid based on Fibs time.
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