Thursday, September 10, 2009

ARNA - Symmetrical Triangle Breakout


ARNA broke out of the Symmetrical Triangle, above DOUBLE validated resistance, on almost 4X average 100-day volume. The targets listed on the chart are IN PLAY as long as the breakout holds.
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2 comments:

  1. -September 10, 2009 at 10:09 AM

    nice call... it didn't waste much time rallying

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  2. Melf ElfSeptember 11, 2009 at 5:42 AM

    Thanks, Kevin. Yeah, it ran almost to the high of the Symmetrical Triangle (5.64), then backed off.

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