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Trendlines
Determining Market Reversals and Continuations
Trendlines are perhaps the oldest tools known to chartists. Trendlines form
across peaks and valleys called pivot points - relative highs and lows in a
chart. As more points form along a line, it becomes more
"established". This means that, when the line is broken, it will
likely follow through with a strong move in the new direction.
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Happy Trading,
Nirvana Systems
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HAS
IIG
IDCC
CMVT
BZH
WEN
AAI
BSG
ARO
BP
SYMC
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