? pennant, page-6

  1. 6,020 Posts.
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    http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continu

    You can decide for yourself.

    Todays volume was negligable and the doji that resulted shows uncertainty. It finished below the Bollinger Band. The first move outside todays range 3.1 to 3.8c should signal the direction its going and the volume will probably accelerate accordingly ... otherwise it'll range trade until it decides.

    Regards
 
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