© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 1
Vol. 4, No. 18 ACLS symm. tri. / buy on upside brkout on increased volume
for the week of 5/24/04
char
tpat
tern
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Patte
rn R
ecog
nitio
n Se
rvic
es
fo
r STO
CK
S
Aug Sep Oct Nov Dec 2004 Feb Mar Apr May Ju
50000
6.06.5
7.0
7.5
8.0
8.5
9.09.5
10.0
10.5
11.0
11.5
12.012.5
13.0
13.5Axcelis Technolo (11.1000, 11.2500, 10.7500, 11.0300 +0.0000)
AEOS falling wedge / buy on upside brkout on increased volume
Aug Sep Oct Nov Dec 2004 Feb Mar Apr May Ju
5000
10000
x10
1415161718192021222324252627282930American Eagle O (26.2400, 27.2600, 26.1300, 27.2400 +0.8400)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 2
ALDN symm. tri. / buy on upside brkout on increased volume
eptember November 2004 February April May Ju
5000
10000
15000
56789
101112131415161718192021222324252627
Aladdin Knowledg (21.6100, 22.2200, 21.3100, 21.9500 +0.4500)
APOL symm. tri. / sell on downside brkout on increased volume
November December 2004 February March April May Ju
50000
60
65
70
75
80
85
90
95
Apollo Group Inc (88.7900, 90.2000, 88.5000, 89.6700 +1.4200)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 3
BEV bull pennant / buy on upside brkout on increased volume
November 2004 February March April May Ju
5000
10000
x10
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0Beverly Enterpri (7.9000, 8.0000, 7.8600, 7.9400 +0.1400)
BOL symm. tri. / sell on downside brkout on increased volume
ember December 2004 February March April May Jun
5000
10000
15000
50
55
60
65
Bausch & Lomb In (61.2900, 61.7800, 61.1800, 61.5200 +0.4800)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 4
CBT symm. tri. / buy on upside brkout thru dotted red line on increased volume
un Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May Ju
5000
24
25
26
27
28
29
30
31
32
33
34
35
36Cabot Corporatio (34.4700, 34.9900, 34.4100, 34.8600 +0.3300)
COP h. & sh. / sell on downside brkout on increased volume
mber December 2004 February March April May Jun
50
55
60
65
70
75Conoco Philips:N (71.6500, 72.4300, 69.7300, 70.4700 -0.1900)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 5
CVD symm. tri. / buy on upside brkout on increased volume
ember December 2004 February March April May Jun
5000
10000
15000
24
25
26
27
28
29
30
31
32
33
34
35
36
37Covance Inc:NYSE (34.9900, 35.6800, 34.8800, 35.4000 +0.4100)
DHR symm. tri. preceded by ‘pole-like’ move / sell on downside brkout on increased volume
ber November 2004 February March April May Ju
1000020000300004000050000
36
37
38
39
40
41
42
43
44
45
46
47
48Danaher Corp:NYS (45.1000, 45.3900, 44.7500, 45.0200 +0.4000)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 6
EFII sloppy asc. tri. / buy on upside brkout on increased volume
November 2004 February March April May Ju
5000
10000
15000
23.0
23.5
24.0
24.5
25.0
25.5
26.0
26.5
27.0
27.5
28.0
28.5
29.0Electronics For (27.1000, 27.1400, 26.7300, 27.1400 +0.2000)
EXBD symm. tri. / buy on upside brkout on increased volume
November December 2004 February March April May Ju
5000
43.544.044.545.045.546.046.547.047.548.048.549.049.550.050.551.051.552.052.553.053.554.054.5Corporate Execut (53.2400, 53.5000, 53.0400, 53.1700 +0.0700)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 7
FMC desc. tri. / sell on downside brkout on increased volume
eptember November 2004 February April May Ju
5000
10000
2425262728293031323334353637383940414243444546FMC Cp:NYSE (39.3000, 39.4000, 38.8000, 39.0300 -0.2000)
KMRT bull pennant / buy on upside brkout on increased volume
ember November 2004 February March April May Ju
100002000030000400005000060000
25
30
35
40
45
50KMART HLDG CP:OT (48.3300, 49.7500, 47.8000, 49.1100 +0.9100)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 8
LFUS asc. tri. / buy on upside brkout on increased volume
eptember November 2004 February April May Ju
5000100001500020000
25
30
35
40
Littel Fuse Inc: (36.8300, 37.9500, 36.5100, 37.8500 +1.3200)
LHO symm. tri. / buy on upside brkout on increased volume
Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May Ju
10002000300040005000
14
15
16
17
18
19
20
21
22
23
24Lasalle Hotel Pr (22.6200, 22.9500, 22.4900, 22.9300 +0.4100)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 9
LIFC symm. tri. / buy on upside brkout on increased volume
r 2004 February March April May Jun
5000
10000
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
9.5
10.0
10.5
11.0Lifecell Cp:OTC (10.3000, 10.7200, 10.0900, 10.5100 +0.2400)
LTR falling wedge / buy on upside brkout on increased volume
December 2004 February March April May Jun
5000
10000
414243444546474849505152535455565758596061626364Loews Corp:NYSE (58.5800, 58.9400, 58.1600, 58.3100 -0.0400)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 10
MACR asc. tri. / buy on upside brkout on increased volume
September November 2004 February April May Ju
500010000150002000025000
x10
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30Macromedia Inc:O (22.7100, 22.8700, 22.3000, 22.4900 -0.2400)
MCHP symm. tri. / buy on upside brkout on increased volume
un Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May J
5000
10000
x10
21
22
23
24
25
262728293031323334353637
Microchip Techno (30.1200, 30.3700, 29.7700, 30.1700 +0.5400)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 11
MU desc. tri. preceded by ‘pole-like’ move / sell on downside brkout on increased volume
May Jun Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May J
50001000015000200002500030000
x10
9
10
11
12
13
14
15
16
17
18
19Micron Technolog (13.5700, 13.8000, 13.4500, 13.6100 +0.1100)
NMNS falling wedge / buy on upside brkout on increased volume
ber November 2004 February March April May Ju
500010000150002000025000
1.52.02.53.03.54.04.55.05.56.06.57.07.58.08.59.09.5
NMS Comm Cp:OTC (7.9300, 8.2200, 7.8400, 8.1800 +0.2600)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 12
ODFL symm. tri. / buy on upside brkout on increased volume
Jun Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May Ju
5000
10000
15000
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27Old Dominion Fre (24.5000, 24.7500, 23.9400, 24.4700 -0.2600)
OS symm. tri. / buy on upside brkout on increased volume
December 2004 February March April May Jun
5000
10000
15000
2.5
3.0
3.5
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
9.5Oregon Steel Mil (8.5100, 8.7000, 8.2400, 8.3500 -0.0400)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 13
OSG symm. tri. / buy on upside brkout on increased volume
May Jun Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May J
5000
10000
1500020000
1718192021222324252627282930313233343536373839
Overseas Shiphld (35.9900, 36.4100, 35.9900, 36.2700 +0.2800)
PDX h. & sh. brkout (& retracement) / sell on new brkt thru the neckline on increased volume
ber November 2004 February March April May Ju
50
45
50
55
60
65
70
Pediatrix Medica (62.5500, 64.1900, 62.3000, 63.6600 +1.6900)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 14
PGR symm. tri. preceded by ‘pole-like’ move / sell on downside brkout on increased volume
eptember November 2004 February April May Ju
500010000150002000025000
70
75
80
85
90
Progressive Corp (83.5000, 84.8500, 82.8300, 83.2900 +0.2900)
PLT symm. tri. preceded by ‘pole-like’ move / buy on upside brkout on increased volume
eptember November 2004 February April May Ju
50001000015000200002500030000
222324252627282930313233343536373839404142434445Plantronics Inc: (38.0300, 38.5700, 37.8000, 38.3600 +0.4000)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 15
PLXT bullish pennant / buy on upside brkout on increased volume
Aug Sep Oct Nov Dec 2004 Feb Mar Apr May Ju
5000
10000
4
5
6
7
8
9
10
11
12
13
14
15
16PLX Technology I (14.0500, 14.2600, 13.7100, 13.7900 -0.1700)
SBUX asc. tri. / buy on upside brkout on increased volume
Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May Ju
50000
2526
272829
3031
3233
343536
3738
394041Starbucks Corp:O (38.6300, 39.0000, 38.3500, 38.7700 +0.3000)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 16
SFN sloppy symm. tri. (discounting spike day) / buy on upside brkout on increased volume
Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2004 Mar Apr May J
5000
3.54.04.55.05.56.06.57.07.58.08.59.09.5
10.010.511.011.5Spherion Corp:NY (9.2300, 9.2500, 9.1400, 9.2300 +0.1400)
SMRT asc. tri. brkout / buy and use bottom of pattern (asc. trendline) as a failure point
2004 February March April May Jun
5000
7.5
8.08.5
9.0
9.510.0
10.5
11.011.5
12.0
12.513.0
13.5
14.014.5
15.0Stein Mart Inc:O (13.6800, 14.1600, 13.5200, 14.1600 +0.4800)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 17
STFC bull flag / buy on upside brkout on increased volume
r 2004 February March April May Jun
1000200030004000
21.522.022.523.023.524.024.525.025.526.026.527.027.528.028.529.029.530.030.531.0State Auto Finan (29.7900, 30.0500, 29.5300, 29.9900 +0.000)
STOSY bullish flagging / buy on upside brkout on increased volume
Dec 2003 Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2004 Mar Apr May J
1000
2000
3000
11.011.512.012.513.013.514.014.515.015.516.016.517.017.518.018.519.019.520.020.521.0Santos Ltd ADR:O (18.2300, 18.6500, 18.2000, 18.5900 +0.4600)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 18
TESS symm. tri. / buy on upside brkout on increased volume
eptember November 2004 February April May Ju
100020003000400050006000
8.59.09.5
10.010.511.011.512.012.513.013.514.014.515.015.516.016.517.017.518.018.519.019.5Tessco Technolog (16.8700, 17.0000, 16.7100, 16.7700 -0.1000)
WCC symm. tri. / buy on upside brkout thru dotted red line on increased volume
04 February March April May June
1000
20003000
4000
8.59.09.5
10.010.511.011.512.012.513.013.514.014.515.015.516.016.517.017.5
Wesco Intl inc:N (16.1000, 16.1000, 15.6500, 16.0500 -0.0500)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 19
WMGI asc. tri. / buy on upside brkout on increased volume
un Jul Aug Sep Oct Nov Dec 2004 Feb Mar Apr May J
5000
10000
15000
200001718192021222324252627282930313233343536
WRIGHT MEDICAL G (33.0000, 33.3000, 32.7500, 33.0300 +0.0200)
WOOF asc. tri. / buy on upside brkout on increased volume
2004 February March April May Jun
5000
10000
15000
262728293031323334353637383940414243
VCA ANTECH INC:O (41.5200, 42.4700, 41.1600, 42.3000 +0.9400)
© Copyright 2001 - 2004 chartpatterns.com, Pattern Recognition Services 20
ZMH bullish flag brkout / buy on upside brkout thru dotted red line on increased volume
eptember November 2004 February April May Ju5000
100001500020000250003000035000
50
55
60
65
70
75
80
85ZIMMER HOLDINGS (82.6500, 83.6900, 82.6500, 83.5500 +1.4200)
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