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0.00% 0.6¢ sundance resources limited

rising wedge, page-6

  1. rustywon
    121 Posts.
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    12/11/10
    12:23
    Post #: 7466692
    Hi Dana,
    yes 'again' a rising wedge is bearish. I would like to share an example with you of the opposite. If you have a look at RIO from the 21/05/2010 to the 24/09/10 you have a rising wedge, but then notice it broke out to the upside on the 27/09/2010.
    As many others have expressed already I agree to be out of this one you could miss the jump.
    SDL Price at posting: 34.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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