Nextlink Communications (NXLK)
                       Primary trade entries selected from the daily  chartsconsist mostly of the following:
                         1.Wide range bar expansion (WRB).                         2.Pullback entries in the direction of trend.                           3.Consolidation   patterns   such   as   dynamitetriangles, flags, trading ranges etc…
                                             Note:   The   name    of    theconsolidation patterns and definitions can be found in any textbook  on  thesubject. What you must concentrate on  is  to  recognize  when  a  stock  ismoving or is about to move to new levels. I will name  the  patterns  as  wewalk through the examples.                       The following  chart  of  NEXTLINK  Communications  A(NXLK) illustrates some WRB expansions, which demonstrate BP  patterns  1  –4. It also shows you some dynamite triangles and flags which often form  theconsolidating phase after a sharp WRB move. There are also several  pullbackand go patterns at the 50-DAY EMA.                       The following  chart  of  NEXTLINK  Communications  A(NXLK) illustrates some WRB expansions, which demonstrate BP  patterns  1  –4. It also shows you some dynamite triangles and flags which often form  theconsolidating  phase  after  a  sharp  WRB  move.  There  are  also  severalpullbacks and go patterns at the 50-DAY EMA.
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