Two Patterns You Never Heard of: Throwbacks and Pullbacks
Throwbacks and pullbacks are not new to securities, but if you don’t understand how price behaves, a losing trade may result.
Thomas Bulkowski
Trading Partial Declines and Rises
I use chart patterns in my trading because they give me tips on how a stock will perform. Sometimes the tip turns out to be a lie, but that’s okay. I use stops to limit losses (don’t you?). When the tips are accurate, I clean up. This article discusses two such tips: partial declines and partial rises. They forecast the breakout direction from a chart pattern.