InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,306.04
(
0.02%
)
US TECH 100
18,387.20
(
0.00%
)
Dow Jones
38,852.86
(
-0.55%
)
Brent Oil
84.45
(
0.15%
)
Bitcoin
67,603.83
(
-1.01%
)
Post# of 7234
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

possja18

Send PM Follow Ignore
Followers 11
Posts 572
Boards Moderated 1
Alias Born 09/23/2009

possja18

Re: None

Friday, 01/24/2014 3:24:41 PM

Friday, January 24, 2014 3:24:41 PM

Post# of 7234
CTIC chart appears to be making a pennant formation with lower highs and higher lows everyday this week on depleting volume. This is a continuation pattern according to T/A. The next move if it is to continue this pattern is to breakout above the lowering resistance line on strong volume. If it does make this move, these patterns generally produce a move equal to that of the first move to finish the flagpole as the pennant pattern is to be flying at half mast.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up