friday trading, page-18

  1. 7,728 Posts.
    Update of the bullish rising triangle. Obviously broke to the upside today.

    Stochastic just entering overbought (82) and should go higher and tarry a while there.

    Didn't quite fill that pesky April 27 2010 gap (day's not over though).

    This pattern projects a price of 5080.

    Still huge negative divergence, which means there has to be a pullback sometime, and downside gaps to fill all the way t 4500 (September last year).

 
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