Saturday, January 29, 2011

Stock Picks: EDC forming a new symmetrical triangle (UPDATE)

Figure 1: EDC Price Chart

Upon re-evaluation of EDC, I think it is now forming a new symmetrical triangle. Target is still the same.

Thanks to chu_2kb of TradersPizza.com for the clarification. 

chu_2kb:  "hello, we have the same analysis on edc... found the same symmetrical triangle...   just waiting for a breakout confirmation if up or down. Btw, nalagpasan na nya yung triangle di ba? So if sideways pa din movement sira na yung triangle pattern. "

No comments:

Post a Comment