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milo3

09/07/10 10:03 PM

#7 RE: Hockmir #6

Hockmir, PBT's pps has nearly completed a perfect 4 month symmetrical triangle. Usually this type triangle breaks out in the direction when it entered the triangle. In BPT's case it entered this triangle as part of a long term pps increase. Often the breakout is as much as the largest 'leg' within the triangle. In this case the breakout might be nearly $ 5.00.
I'm curious about what fundamental event/s could create a $ 5. price increase.