Allana Potash fka AAA

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Well somebody seems to think otherwise.

Allana Potash Corp (AAA:TSX)
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Industry: Metals and Mining
Competitors: none Add Competitor

Event Details for: Symmetrical Continuation Triangle (Bearish)
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Tells Me: The price has broken downward out of a consolidation period, suggesting a continuation of the prior downtrend. A Symmetrical Continuation Triangle (Bearish) shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks down below the lower trendline with a noticeable increase in volume, confirming the pattern as a continuation of the prior downtrend. More...
Event Date: Dec 30, 2014
Opportunity Type: Intermediate-Term Bearish
Close Price: $0.33
Target Price Range: $0.23 - $0.25
Price Period: Daily
Volume: 751,535
Pattern Duration: 24 days
Inbound Trend Duration: 99 days

1mth | 3mth | 6mth | 1yr | 2yr | 5yr

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