Power-One, Inc. (PWER)

[eastunder]

RE: looks like the pinch is wrapping up

It seems to me a pinch is used more for a short term move anyway?

I tend to look out further then short term so I have yet to figure out how to use them that would actually benefit me.

If anything, when one is starting to head that direction - Down towards pinching - it keeps me from buying a stock too soon as I wait for the lines to get closer.

However - it would be nice to trade on them someday since they do seem to give a heads up on a potential ST move up?