Re: Ascending Triangle Pt. Deux-hipncash
posted on
Nov 01, 2007 04:40AM
Are you saying the decending angle is still in play? I'm seeing yesterday's move as breaking through and were sitting at a small support/resistance level here @ .47 with another @ .49. A quick return and bounce @ .44 would solidify the breakthrough from the decending angle and add to the newly formed ascending angle off the last low giving more strength to the base. .47- .525 would be my next area for a base IMO. What says you?