Saturday, August 08, 2009

Allegiant Air (ALGT): Textbook Example of Using P&F Charts as a Contrarious Indicator

Note: To enlarge the chart, double-click inside of it.

Let me know if you have any such P&F examples that demonstrate this contrarious indicator. Keep-in-mind it is the extremes at the top or bottom of the page that is relevant. The P&P Charts that I am using are from StockCharts.

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