Day Tradexchange Inc. (SYNJ)

[javadreams]

bolli-band makes a knife!!

triangle wants to move to...!!??


Descending Triangle Continuation

Descending Triangle is a decline to a new low on news followed by a kick back rally to an intermediate resistance level, a second decline to test the recent low followed by a second rally toward but not through intermediate resistance and finally a decline to fresh new lows on strong volume.

The technical target for a descending triangle is derived by measuring the vertical height of the triangle and applying this length to the new breakout level.



this play continues!!