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Thread: Symmetrical Continuation Triangle (Bearish)

  1. #1
    spanyo is offline
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    Joined: Jul 2008 Posts: 135

    Symmetrical Continuation Triangle (Bearish)

    Got this from my Tradeking account. (Recognia Technical Insight)

    Sept. 03

    Symmetrical Continuation Triangle (Bearish) Intermediate-Term Bearish Current price: $1.31 Target price: $1.08 - $1.12

    Pattern Duration: 18 days
    Inbound Trend Duration: 40 days

    BTW This is what it said on June 11th:

    Symmetrical Continuation Triangle (Bearish) Intermediate-Term Bearish Current: $2.45 Target: $1.96 - $2.06

    Any thoughts?

  2. #2
    deewcom is offline
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    Joined: Jul 2008 Posts: 166

    Good News Badly Needed

    My thought is that we haven't seen the bullish trend yet that was predicted last week. Is it time for another bearish trend already? If things get any more bearish, more weak hands will fold and more big tutes will gobble up the spoils. That has been the one consistent pattern.

  3. Ad Fairy Senior Member

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