mowibble - ouch! I thought you owed me a good one!Its definitely...

  1. 1,996 Posts.
    mowibble - ouch! I thought you owed me a good one!
    Its definitely consolidating - and I can see the descending triangle - but I can also see a bullish pennant.
    I tend to think the fact that it is still maintaining the 38 fib from the last run up is positive and argues for a break to the upside. But I'm biased -so I appreciate the counter argument - thats why I ask the charts forum.
 
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