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| Penny Stocks and Big Boards Relevant to the most conventional way of profiting through investing, this forum is focused on the discussion and analysis of stocks, bonds and equity investments in the openly traded stock market (NYSE, AMEX, NASDAQ, TSE, TSE Ventures, ect.) |
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08-30-2008, 01:47 AM
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If you see a stock wedging on the chart what do you look for for to determine the?
direction of the breakout. Besides divergences, and oscillators of course.
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08-30-2008, 01:54 AM
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Rising wedge usually indicates a pullback; a falling wedge usually indicates the stock will go up. However, you will want to get short term confirmation from other patterns .
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