Jeff Cooper (of theStreet.com and Hit and Run Trading) came up with a formation called the "Crouching Tiger". I called it the "Springboard". Price breaks above the upper channel line at the end of a steady downtrend and then pulls back to re-test that breakout. I first discovered this pattern in CSCO in 1994 and DELL in 1996 and both those instances launched those stocks into the stratosphere.
The reason I bring it up is because the NYA is tracing out a Crouching Tiger/Springboard right now on the daily charts.
The risk with the pattern is that it can continue to fall along the upper channel for longer than you think. Therefore, it’s not a no-risk proposition.
Thanks for the link to the great list!