Replies to post #157307 on Zeev's Turnips Patch-No Politics (ZEEV)

[Sinfonian]

Here ya go:

http://stockcharts.com/support/pnfAlerts.html

In edit:

The high pole warning is given when a chart rises above a previous high by at least 3 boxes but then reverses to give back at least 50 percent of the rise. The reversal implies that the demand that was making the prices rise has given way to supply pressure. The pattern is a warning that lower prices could be seen in the future.

[Sam_0]

Pray tell...
What's a high pole warning???.....
is that like high wind warning?..or what??

[brainlessone]

last stock i got a high pole on sure enough went down then went up like a rocket when it found support

and then I got one with a low pole warning , which went straight down until it found support and then up.

so the moral is , if you get a pole , it will go up and down