beware dont let the wedge pattern bite, page-2

Russ,
Calling a Rising Wedge are you....??????
You maybe a tad early on the call...lol..
Or just a down ramper..imo buddy
You have been down ramping this one a couple of times...
Trying to get in cheaper, dosn't matter with this one anything under a $1.50 is cheap..imo Just get some..
Get over it and pay up and tell Nobby too..
Check the chart as I have no doubt you have 2 morrow will be the low if it gets there or today was...imo
Rising Wedge:lol
Even though this article will focus on the rising wedge as a reversal pattern, the pattern can also fit into
the continuation category. As a continuation pattern, the rising wedge will still slope up, but the slope will
be against the prevailing downtrend.......

Prior Trend: In order to qualify as a reversal pattern, there must be a prior trend to reverse. The
rising wedge usually forms over a 3-6 month period and can mark an intermediate or long-term
trend reversal. Sometimes the current trend is totally contained within the rising wedge; other
times the pattern will form after an extended advance.
Pete.