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Etrnaly

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Etrnaly

Re: bluemoonraider post# 21982

Wednesday, 03/31/2010 6:08:57 PM

Wednesday, March 31, 2010 6:08:57 PM

Post# of 372822
Sadly (because I want TDGI to go up), I will have to agree with you. It broke out of the ascending triangle/bull flag pattern when it broke into the .04's. The new pattern we have been making is a bearish descending triangle that broke down when we closed and stayed below .045 for a few days. At best, the pattern we have is a symmetric triangle with the low trendline at the bottom of the previous consolidation period and the upper trendline at our highs.

The only good thing is we're approaching the 50dma, which has provided a great launching pad in the past.
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