Replies to post #25356 on lowtrade

[lowtrade]

IMO look else where.

Don't like triple bottoms at all. If the bulls can't get what they want the first or second time. What makes anyone think the third will work. It's been my experience slightly more then 1/2 multipule bottoms create a descending triangle. A 1/3 channel for 5 bounces and the rest pop 1/2 way back. Whats that 1/6th?

I don't like the odds. Also can't prove the opinion numbers. I just don't play them.

SLW if forming a descending triangle. If support holds, you could expect a bounce to lower highs then the last high.

http://stockcharts.com/h-sc/ui?s=SLW&p=D&yr=1&mn=6&dy=0&id=p12451012234