After a rough early portion of the week, the chart found some solid support at $.15 and hasn't looked back since. The 'overall' chart is now forming into a Symmetrical Triangle pattern (watch video to see). Although this type of pattern is technically a neutral pattern, since it is occurring in a broad bullish uptrend (defined by upwards sloping 50-SMA), we can give the odds to the Bulls in terms of coming out on top! Next week should be very interesting...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.