(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.