Monday, September 20, 2010
Multi-month Ascending Triangle Pattern
We've seen several Ascending Triangle's lately and we have a potential forming right now at the multi-month time range. This pattern calls for a pullback to complete the "E" at the rising trendline around the 1070 area and then start a strong uptrend. So I will be looking at this trendline for future opportunities.
Labels:
Technical Analysis
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