Friday, April 1, 2011

ARIA : The Ascending Triangle



From earlier in the week:

"The 7.31 breakout put an upside target of 7.65 IN PLAY, derived by subtracting the 6.95 low of the Ascending Triangle from the 7.30 highs (0.35 points of upside), then adding that 0.35 points of upside to the 7.30 breakout."

The Bulls were able to negate the bearish implications of last Friday's Gravestone Doji and, yesterday, the 7.65 Ascending Triangle got MADE on a Doji Star Hangman! Ms. Market likes to keep it interesting. LOL.

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