Jiutian Triangle

Symmetrical Triangles

Symmetrical triangles can be characterized as areas of indecision. A market pauses and future direction is questioned. Typically, the forces of supply and demand at that moment are considered nearly equal. Attempts to push higher are quickly met by selling, while dips are seen as bargains. Each new lower top and higher bottom becomes more shallow than the last, taking on the shape of a sideways triangle. (It's interesting to note that there is a tendency for volume to diminish during this period.) Eventually, this indecision is met with resolve and usually explodes out of this formation (often on heavy volume.) Research has shown that symmetrical triangles overwhelmingly resolve themselves in the direction of the trend. With this in mind, symmetrical triangles in my opinion, are great patterns to use and should be traded as continuation patterns. (Chart examples of symmetrical triangle patterns using commodity charts.) (Stock charts.)

http://www.chartpatterns.com/symmetricaltriangles.htm

Bottom Triangle Wedge Chart Pattern

A Bottom Triangle/Wedge is considered a bullish signal, marking a possible reversal of the current downtrend.

Description

A Bottom Triangle/Wedge consists of a group of patterns which have the same general shape as Symmetrical Triangles, Wedges, Ascending Triangles and Descending Triangles. The difference is that the formations grouped together as this type are reversal and not continuation patterns. These patterns have two converging trendlines. The pattern will display two highs touching the upper trendline and two lows touching the lower trendline.

This pattern is confirmed when the price breaks upward out of the Triangle/Wedge formation to close above the upper trendline.

Volume is an important factor to consider. Typically, volume follows a reliable pattern: volume should diminish as the price swings back and forth between an increasingly narrow range of highs and lows. However, when the breakout occurs, there should be a noticeable increase in volume. If this volume picture is not clear, investors should be cautious about decisions based on this Triangle/Wedge.

http://www.trending123.com/patterns/Bottom-Triangle-Wedge-Chart-Pattern.html


Conclusion

Monitor the breakout direction.

Breakdown will be symmetrical triangle continuation pattern.

Breakout upwards will become Bottom Triangle Wedge Pattern.

STX PO 30 mins chart testing support zone

Gapped down on opening and has been sliding down slowly towards $2.31 to $2.25 support zone. Price will test $2.09 support if this support zone fails. Monitor 20 and 50 EMA resistance lines.

A new carbon-based nanoscale material could be used to make ultrafast computers

Graphene Transistors

A researcher at Stanford University has provided strong experimental evidence that ribbons of carbon atoms can be used for future generations of ultrafast processors.

Hongjie Dai, a professor of chemistry at Stanford, and his colleagues have demonstrated a new chemical process that produces extremely thin ribbons of a carbon-based material called graphene. He has demonstrated that these ribbons, once incorporated into transistors, show excellent electronic properties. Such properties have been predicted theoretically, Dai says, but not demonstrated in practice. These properties make graphene ribbons attractive for use in logic transistors in processors.

The discovery could lead to even greater interest in the experimental material, which has already attracted the attention of researchers at IBM, HP, and Intel. Graphene, which consists of carbon atoms arranged in a one-atom-thick sheet, is a component of graphite. Its structure is related to carbon nanotubes, another carbon-based material that's being studied for use in future generations of electronics. Both graphene and carbon nanotubes can transport electrons extremely quickly, which could allow very fast switching speeds in electronics. Graphene-based transistors, for example, could run at speeds a hundred to a thousand times faster than today's silicon transistors.

But graphene sheets have one significant disadvantage compared with the silicon used in today's chips. Although graphene can be switched between different states of electrical conductivity--the basic characteristic of semiconductor transistors--the difference between these states, called the on/off ratio, isn't very high. That means that unlike silicon, which can be switched off, graphene continues to conduct a lot of electrons even in its "off" state. A chip made of billions of such transistors would waste an enormous amount of energy and therefore be impractical.

Researchers had theorized, however, that it might be possible to dramatically improve these on/off ratios by carving graphene sheets into very narrow ribbons just a few nanometers wide. There had been early evidence supporting these theories from researchers at IBM and Columbia University, but the ratios produced were still much lower than those in silicon.

Dai decided to take a different approach to making thin graphene ribbons. Whereas others had used lithographic techniques to carve away carbon atoms, Dai turned to a solution-based approach. He starts with graphite flakes, which are made of stacked sheets of graphene. Then he chemically inserts sulfuric acid and nitric acid molecules between these flakes and rapidly heats them up, vaporizing the acids and forcing the graphene sheets apart. "It's like an explosion," Dai says. "The sheets go separate ways, and the graphite expands by 200 times."

Next, he suspends the now-separated sheets of graphene in a solution and exposes them to ultrasonic waves. These waves break the sheets into smaller pieces. Surprisingly, Dai says, the sheets fracture not into tiny flakes but into thin and very long ribbons. These ribbons vary in size and shape, but their edges are smooth--which is key to having consistent electronic properties. The thinnest of the ribbons are less than 10 nanometers wide and several micrometers long. "I had no idea that these things could be made with such dimensions and smoothness," Dai says.

http://www.technologyreview.com/Nanotech/20119/

Global Testing Volume Distribution Chart 28 Jan 2008 1131 AM

BB selling to retail buyers.

Trade with caution.