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off-floor-trader

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off-floor-trader

Re: kermit42 post# 26567

Wednesday, 02/13/2008 6:16:23 PM

Wednesday, February 13, 2008 6:16:23 PM

Post# of 119915
Kermit42: Along the lines of the bullish pennant, a volume breakout of the upper resistance would suggest a re-test of the .10 price level over the the same time period the pennant was formed (which suggest the course of the next week). This would also serve as a good point to take partial profit should a favorable news event in the pre-market cause an expansion break out gap up - IMO

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