interesting move there today russ. after days of indecisive candlesticks, someone has come along and tried to force a break out of the symmetrical pattern.
thinking we might begin to see a bit more macho talk on the stock specific thread from Mr Bless tomorrow, and i'm not thrilled about that. would prefer to see the oscillators back in the buy zone and the pattern played out before more volume moves in. forced breaks always end in many months of disappointment, and in some instances the charts never recover properly.
it had escaped my attention that he was in fact around promising the same targets over a year ago. now i can appreciate why it took so long for the pattern to break out, and it is still 50% short of his promised target from back then.
from memory, the demise of ANP also has his name at the start of it. so much carnage from just one man.
