Tuesday, October 28, 2008

SSO: 3 Bullish Pattern Breakouts




(Click On Chart To Enlarge)

The Bullish Falling Wedge (pattern in red) became part of a larger Symmetrical Triangle (pattern in yellow), which broke out, pulled back inside the Symmetrical Triangle, then broke out again to the upside. Sloppy, but it's still short-term bullish.

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