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Tuesday, July 17, 2012 1:38:21 PM
$IMDS >> 15 MIN SYMMETRICAL TRIANGLE!!!
Symmetrical triangles are continuation patterns...while sustaining the current gains, IMDS is poised to break pattern and continue the bullish trend. Read more on symmetrical continuation patterns: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle
Notice before the pattern there is an uptrend preceding the pattern:
Symmetrical triangles are continuation patterns...while sustaining the current gains, IMDS is poised to break pattern and continue the bullish trend. Read more on symmetrical continuation patterns: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle
Notice before the pattern there is an uptrend preceding the pattern:
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