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Tuesday, 05/05/2015 7:09:36 AM

Tuesday, May 05, 2015 7:09:36 AM

Post# of 731360
Ascending Triangle Break-out: Target $3.70

RSI very bullish, MACD positiv, Accum/Dist at new all-time high!


Chart courtesy of StockCharts.com

With the expected news (reincorporation, M&A and up-listing) I see further increase in PPS and don't expect any pullback to the bottom line of the triangle (@ $2.30) although it is still possible...

Everything is JMO!!!

Explanations/examples for ascending triangles:

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:ascending_triangle_continuation

http://www.investopedia.com/terms/a/ascendingtriangle.asp

http://thepatternsite.com/at.html

http://www.chartadvisor.com/freereport/free_report_pg3.aspx
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