About to execute a Kilroy, part 2
Because that is precisely what occurred, I thought it would be helpful to show you how such activity appears...
[click on chart to enlarge]
The truth is that when you invest the time to learn chart patterns, you know how each fulfills itself; i.e., pattern recognition. And no longer must you wait wait wait for that moment of certainty; also known as a higher price -- as well as heightened risk and lessened reward. Today's action is a clear signal for a higher -- perhaps substantially higher -- share price for Isis Pharmaceuticals/ISIS.
Which leaves the sole remaining question: How I knew, in advance, the precise price level ($10.25) at which the heightened activity would occur. As Ben Stein famously said, "Anyone...?"
-- David M Gordon / The Deipnosophist
Labels: Chart analysis