(n.) Daytrader Slang for a
stock and/or security chart pattern which appears when viewing three times frames simultaneously, involving specifically a temporary pullback into strong positive buying divergence signal that will ultimately springboard the stock and/or security higher in value over the
next 15-30 minutes of intraday trading.
Credit: Steve Kalayjian
The three minute, five minute, and
15 minute chart of the stock Apple (AAPL) is setting up nicely into a Triple
Lindy, this stock barring news, is bound to increase in value.
This stock is about to pull into the weighted moving average, look out for a Triple Lindy, this stock will springboard up higher. Look here at indicator
4 also and the MACD'
s postive we've got a "Triple Lindy".
This is the perfect Triple Lindy Set up on Apple, watch it'
s going to
jump, then drop and pullback into that moving average, and like Rodney Dangerfield Triple Lindy even higher.