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Re: coolnapz post# 6837

Saturday, 08/18/2012 2:29:48 PM

Saturday, August 18, 2012 2:29:48 PM

Post# of 71458
If you look at the weekly chart (http://stockcharts.com/h-sc/ui?s=WGAS&p=W&b=5&g=0&id=p92530785219),

we are more like in a pennant pattern. In combination with the imminent oil flow news, the next sharp increase is coming soon IMO.

Here is an explanation of pennant pattern from stockcharts.com

http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continu

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