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Re: weazelboy post# 540

Tuesday, 03/18/2014 8:16:15 AM

Tuesday, March 18, 2014 8:16:15 AM

Post# of 639
Good Morning Weazelboy,


There you have it! Excellent news last night is the catalyst the stock needed to break out of the formation is has been in. Up almost $2 pre market. The slight violation underneath the rising support line, that you asked about, was just that. The lines aren't guarantees of absolute support, simply general directions. The last two weeks the stock turned from a rising wedge to a sideways channeling in a very tight range. Any major move in either direction would indicate the change of direction. With this strong move to the upside, let's see of that gap upwards to the $23.00s can begin filling.

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