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Wizard

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Wizard

Re: NewMoney post# 177007

Tuesday, 12/09/2008 9:16:30 AM

Tuesday, December 09, 2008 9:16:30 AM

Post# of 275618
I wouldn't bring up TA on this board, but since you mention it......

I see the wedge - it looks like a rough symmetrical triangle to me. These are bullish in an uptrend, but bearish in a downtrend. See this and scroll down to the "symmetrical triangle in a downtrend" section.

http://www.chartpatterns.com/symmetricaltrianglechartsstocks.htm


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