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Message: Bullish technical indicator

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Bullish technical indicator

posted on Jan 15, 10 12:35PM

Event Details

Chart

Symmetrical Continuation Triangle (Bullish)

Event Date:	Jan 14, 2010
Opportunity Type:	Intermediate-Term Bullish
Close at Event:	$3.76
Volume:	757,675
Target Price Range:	$4.45 - $4.65
Pattern Duration:	31 days

View

But don't get too excited, because two days ago it looked like this:

Top Triangle

Event Date:	Jan 12, 2010
Opportunity Type:	Intermediate-Term Bearish
Close at Event:	$3.56
Volume:	544,129
Target Price Range:	$2.65 - $2.85
Pattern Duration:	29 days

View

These things are like playing spin-the-bottle. They quickly change between pointing to good and pointing to bad, and if you're in the game, you never know what you'll end up kissing!