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milkman2

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milkman2

Re: None

Wednesday, 06/20/2012 4:22:19 PM

Wednesday, June 20, 2012 4:22:19 PM

Post# of 48316
Note the ascending triangle that's now in place, a bullish pattern, with the top horizontal line at .200 (going back to late May, or even to mid April if one pleases so), and the lower ascending trend line starting mid May as well. Prices have tagged this ascending line nicely ever since.

Break out is often accompanied with increased volume, which we may have seen today, though today's closing price didn't get above .200, but HOD did!
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