Newbie Trader's Lounge

Technical analysis and psychology tools and resources for the new swing and day traders with articles, forums, and trading journals.
Search Site: articles, downloads, forum

Advanced Search
Did you know ?
The veterans use support and resistance as the main tools to make trading decisions.

Main Menu
Login
Username:

Password:

Remember me
Anonymous

Lost Password?

Get more, see more. Register now!
Recommended reading

Technical Analysis Of Stock Trends

Trade Your Way To Financial Freedom

Trading In The Zone

Trading For A Living

Design, Testing, and Optimization of Trading Systems

Tradings Systems That Work: Building and Evaluating Effective Trading Systems

Technical Analysis of the Futures Markets: A Comprehensive Guide to Trading Methods and Applications

10/10/2006

Watching AKAM– rising wedge for a short entry

Filed under: - torero @ 2:39 am

Prices are contracting while moving up, trendlines converging; shows a rising wedge. Watching closely to see what it does next. If break below the lower trendline line. If it can confirm by using the lower trendlines as resistance, prepare for a short entry.

AKAM rising wedge


Comments

RSS feed for comments on this post.

The URI to TrackBack this entry is: http://torero.vecino.com/modules/wordpress/index.php/archives/2006/10/10/watching-akam-rising-wedge-for-a-short-entry/trackback/

No comments yet.

Leave a Comment

Line and paragraph breaks automatic, website trumps email, HTML allowed: <a href="" title="" rel=""> <abbr title=""> <acronym title=""> <b> <code> <em> <i> <strike> <strong>


Please note: Comment moderation is currently enabled so there may be a delay between when you post your comment and when it shows up. Patience is a virtue; there’s no need to resubmit your comment.

11 queries. 0.059 sec.
Powered by WordPress Module based on WordPress ME & WordPress