Antiaging Quantum Living Inc (AAQL)

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Achillion Pharmaceuticals Inc forms bullish "Bottom Triangle"
chart pattern
Recognia has detected a "Bottom Triangle" chart pattern formed on Achillion Pharmaceuticals Inc (ACHN on NASDAQ). This bullish signal indicates that the price may rise from the close of 9.59 to the range of 11.70 - 12.10. The pattern formed over 24 days which is roughly the period of time in which the target price range may be achieved.
Achillion Pharmaceuticals Inc has a current support price of 9.41 and a resistance level of 9.62.

A Bottom Triangle/Wedge is considered a bullish signal, marking a possible reversal of the current downtrend. The pattern is formed during a downtrend and shows two trendlines converging. The technical event occurs when the price breaks upward out of the Triangle/Wedge formation and closes above the upper trendline, thereby confirming the pattern.

This bullish pattern can be seen on the following chart and was detected by Recognia's proprietary pattern recognition technology.

Click here for chart with pattern