InvestorsHub Logo
Followers 35
Posts 1497
Boards Moderated 0
Alias Born 05/26/2010

Re: thexsandos post# 8770

Wednesday, 06/30/2010 1:30:04 PM

Wednesday, June 30, 2010 1:30:04 PM

Post# of 23476
We are in a progressively narrow trading range that is forming an ascending triangle pattern. With each swing high and low we are seeing progressively lower volume all with same resistance level, but higher support levels on each dip. This is forming a tight squeeze at the tip of our triangle...we are ready to explode any moment.




We simply attempt to be fearful when others are greedy, and to be greedy only when others are fearful - Warren Buffett