Ascending Triangle (continuation) on FAST
Posted on February 26th, 2007 by TraderX
This week I discovered a pattern developing on FAST. As we can see in the chart, when this stock reaches $38, the price cannot seem to break through the resistance level and moves lower. As the lower ascending trend line moves closer to the resistance level, selling pressure will continue to weaken. Once the downward [...]
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Filed under: Stocks, Technical Research, Time To Buy