- 3-month flat resistance · 2 tests1D
Ch 13: a level that stopped two rallies after a move of 10% or more; broken, old resistance tends to become support. Confirmed by a close about 3% above the line ($0.0530) on 22.1× normal volume. Price has since come back to the line: a pullback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.0301, 7.3% beyond the last minor bottom.
- 5-week falling wedge · 2 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 ($0.0338) on 2.5× normal volume. Minimum target: $0.0523 (a minimum, not a limit). Magee stop (Ch 27): $0.0308, 5.1% beyond the last minor bottom.
- 5-week falling wedge · 2 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 ($0.0362) on 2.7× normal volume. Minimum target: $0.0523 (a minimum, not a limit). Magee stop (Ch 27): $0.0344, 5% beyond the last minor bottom.
- 15-month 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 ($0.2080). The book gives no measuring rule for this one. Magee stop (Ch 27): $0.3873, 7.8% beyond the last minor top.
- 7-month symmetrical triangle · 2 tests1W
Ch 8: falling highs and rising lows converging, volume shrinking; the book warns it is the triangle most prone to false moves. Confirmed by a close about 3% below the line ($0.2283). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.1640 (a minimum, not a limit). Magee stop (Ch 27): $0.3877, 7.9% beyond the last minor top.
