October 27, 2009 at 17:35 PM EDT
Orion Repairs Its Chart, Faces New Problems
About two weeks ago, we discussed the chart of Orion Marine Group (ORN), pointing out that it was building a base but hadn't formed the right side at that time. The midpoint of the base then was the same as it is now: 21.83 (found by adding the peak and low of the pattern and dividing by 2). The insufficient work on the right side was a significant drawback. To form a valid handle, the midpoint of the handle must be higher than the midpoint of the
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