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I just had a quick look at Dalts article and it seems well...

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    I just had a quick look at Dalts article and it seems well written and easy to understand which is more than can be said for many charting books.

    One thing I should add to my previous post is that I consider three up gaps in a row to be exhaustion.
    It can go to more but that only compounds the exhaustion.

    Per recently put in three gaps over three days.

    The other thing that disappoints me is the breakdown of the cup handle that was being formed. It did not go anyway near deep enough.
    It could work out to be a very short handle, but with all the uncertainty about announcement times at the moment, I still think that is not the case.

    The caveat on all this is that a large buyer may be in the market and is just buying anyway.
    That is a very strong possibility.

    GLTAH

    Lockitt
 
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