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earthrhino

06/15/10 2:03 PM

#19169 RE: Oz the OK #19167

Hmmm, so the flag formation shows the price will either go up, go down, or go sideways. Thanks for the insight.

Just kidding.....
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SynthTrader

06/15/10 2:06 PM

#19171 RE: Oz the OK #19167

Not much of a pole on that flag, but it is doing as you say...lower highs and higher lows until it breaks one way or the other. Personally, I hope the break is north :-) Decreasing volume during that consolidation period is key as well, and we see that too.