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Politics : Idea Of The Day
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To: Area51 who wrote (13288)10/31/1997 1:22:00 AM
From: Bull RidaH  Read Replies (1) of 50167
 
Garry (RE:ASND) You may want to wait for 18 to 20 to add new positions for Asnd. A large symmetrical triangle formed between April and September in the price of the stock, followed by a downside break in early Sept. of that pattern. This pricing action targets the 18 to 20 area with high probability, with a dramatic reversal occurring after the target is met. Pricing action thus far shows no signs of reversing upwards from here, so I'd have to hold out. Good luck!!
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