This statement shows what is occuring with Gtel IMO so I added this also:
Research has shown that symmetrical triangles overwhelmingly resolve themselves in the direction of the trend. With this in mind, symmetrical triangles in my opinion, are great patterns to use and should be traded as continuation patterns
Added info to william2112&grape
Your posts were exactly what I wanted to know. THANKS
I found a new beta chart at stockchart and am working up a great new GTEL chart for today. I also plan to discuss the week with areas covering volume,MMs,chart patterns, and my updated thinking of the use of aroons on manipulated stocks.
Was planning to go to atlantic city tonight, but the new chart I found gives an easyer format to explain my views visually and I'm excited, so I'll play tonight and go tommorrow.
Just posting this in case anyone interested that leaves for the weekend, may not check back tonight. This aroons thing is new for me and the deeper I get into it, the more I see good results. Got me hooked, until I can't find some thing new aboutit. Still am, by adding the 8 day as an mid term I see a new light come on in my head.
Check back; I'll post info at my website also.
Success!