- 5-day bear flag · 3 tests4H
Ch 11: a short drift up on light volume after a near-vertical fall (the mast). Confirmed by a close about 3% below the line ($0.0341). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.0292 (a minimum, not a limit). Magee stop (Ch 27): $0.0365, 5% beyond the last minor top.
- 4-day bear flag · 3 tests4H
Ch 11: a short drift up on light volume after a near-vertical fall (the mast). Confirmed by a close about 3% below the line ($0.0346). Minimum target: $0.0296 (a minimum, not a limit). Magee stop (Ch 27): $0.0396, 5% beyond the last minor top. It broke on a gap (Ch 12: a breakaway gap adds force).
- 3-week flat support · 4 tests4H
Ch 13: a level that held two declines after a move of 10% or more; broken, old support tends to become resistance. Confirmed by a close about 3% below the line ($0.0342). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.0396, 5% beyond the last minor top. It broke on a gap (Ch 12: a breakaway gap adds force).
- 4-month falling wedge · 3 tests1D
Ch 10: two falling lines converging; it normally breaks up, at least two-thirds of the way to the apex. Confirmed by a close about 3% above the line ($0.0238) on 3.1× normal volume. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.0255, 5.7% beyond the last minor bottom.
- 3-week bull flag · 3 tests1D
Ch 11: a short drift down on light volume after a near-vertical rise (the mast). Confirmed by a close about 3% above the line ($0.0344) on 11.0× normal volume. Price has since come back to the line: a pullback, which the book calls normal and frequent, not a failure. Minimum target: $6.2553 (a minimum, not a limit). Magee stop (Ch 27): $0.0256, 5.2% beyond the last minor bottom.
- 3-year flat support · 2 tests1W
Ch 13: a level that held two declines after a move of 10% or more; broken, old support tends to become resistance. Confirmed by a close about 3% below the line ($0.1283). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.2688, 9.4% beyond the last minor top.