Thursday, July 15, 2010

A Continuation Wedge (Bullish)

A Continuation Wedge (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. Prices edge steadily lower in a converging pattern i.e. there are lower highs and lower lows. The Technical Event® occurs when prices break above the upper trendline, thereby confirming the pattern. More...
Event Date: Jul 13, 2010
Opportunity Type: Intermediate-Term Bullish
Close Price: $0.49
Target Price Range: $0.64 - $0.68
Price Period: Daily
Volume: 690,904
Pattern Duration: 30 days
Inbound Trend Duration: 93 days
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