Chart Update, page-3383

@rcs.memon - Is this the rising wedge pattern you are looking for?



The question is of course what does this pattern mean for the stock price?


Source is investopedia.com "Analyzing Chart Patterns: The Wedge"

I placed hoots's 200 EMA on the A2M chart as well. The bottom of the wedge, the 200EMA, the 50 SMA, and the bottom level of the most recent High Volume Anchor Zone, are now all lined up in that previously identified zone between 970c and 990c. There is nothing guaranteed in all this TA stuff apart from the fact that TA traders pay a lot of attention to it, so in many cases it becomes self fulfilling. Hence the warning and advice to watch that 970c level closely.

All IMO - Good luck everyone.