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Re: dmlabuda post# 23700

Saturday, 08/06/2011 1:08:15 AM

Saturday, August 06, 2011 1:08:15 AM

Post# of 47856
if it makes you feel better, i saw rising wedge simply because it's easy to draw those trend lines, and it will be a rising wedge if the stock doesn't release news for a break out of the rising wedge. The "rising wedge" pattern is resistance and needs to be broken, and it should broken around .002 i think.

This stock will go bigger because of news, pinkies are risky and it's most likely it will go down because thats what pinkies do, but the stock is strong more news is immanent.

Once the stock breaks the rising wedge we get a flag/pennant formation or some other bullish formation.

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