News Focus
News Focus
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RZN

08/06/11 12:35 AM

#23702 RE: dmlabuda #23700

Check my charts and posts. I called the bounce, I called the touch at 11, I called the sideways movement, I called the upward move when the pps traded sideways past the red downtrend.... What more do you want from me??? I stood by my post and bought another 2 mil at 15....

I respectfully disagreed with your wedge but took it onto consideration.

What do you honestly want from this board bro? your posts are appreciated and welcomed, but you have no sustenance behind your wedge and claims... The chart goes up an pulls back a little.. That's what real stock pattern looks like. Real good ones at that!

$EMXC
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happelwood

08/06/11 1:08 AM

#23705 RE: dmlabuda #23700

if it makes you feel better, i saw rising wedge simply because it's easy to draw those trend lines, and it will be a rising wedge if the stock doesn't release news for a break out of the rising wedge. The "rising wedge" pattern is resistance and needs to be broken, and it should broken around .002 i think.

This stock will go bigger because of news, pinkies are risky and it's most likely it will go down because thats what pinkies do, but the stock is strong more news is immanent.

Once the stock breaks the rising wedge we get a flag/pennant formation or some other bullish formation.