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Stocks That Form Patternless Bases Tend To Fall Apart.(MAKING MONEY)(INVESTOR'S CORNER)

Publication: Investor's Business Daily

Publication Date: 29-MAR-05
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COPYRIGHT 2005 Investor's Business Daily, Inc.

Byline: DAVID SAITO-CHUNG

This informal series on flaws in bases has looked at negative action within recognizable chart patterns.

Remember, not all cup-with-handle or double-bottom patterns are sound. Some look similar to the correct pattern but also reveal serious distortions in shape. Shun these.

Also keep in mind that some stocks plunge after forming a completely unrecognizable pattern.

When...

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