4 replies to this topic

[eminimee]

NIKK closed at 17,752.64 ...that potential neckline is near 18000. They could do that overnight.

Those targets drawn for a possible right shoulder is a total guess...but I do think that TL will get some sort of downward reaction

http://stockcharts.com/c-sc/sc?s=$NIKK&p=M&yr=10&mn=11&dy=30&i=p48690706732&a=88312083&r=6614.png

[hiker]

the setup for EWJ has been posted and updated here since 1/19 -

http://www.traders-t...?...ogid=26&st=

support holding at 13.80 was the tell for me.

[TradeMark]

Tea, nice chart. If you draw that resistance line on the bodies of the candles, as I do, you will see it is already taken out. Next stop about 21K. Thanks for posting TM

[borland]

TM, Tall candle bodies ALWAYS pass thru support/resistance...., so TP has significant trendline support/resistance correctly annotated.

[TradeMark]

TM,

Tall candle bodies ALWAYS pass thru support/resistance...., so TP has significant trendline support/resistance correctly annotated.

Bor,

Based on what you said, isn't that why you would use the bodies?



TM