SFE Symmetrical Triangle
By Johns Wu on Mar 17, 2006
SFE just had a huge runup in the last few days, and it is now consolidating in a symmetrical triangle compression consolidation.
Sellers are in full force taking profits from the runup, but someone is also buying. The easiest way to take a position on this would be to trade the break of either trendline.
This entry was posted on Friday, March 17th, 2006 at 2:23 am and is filed under Annotated Analysis.
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nice call on SFE. broke out 7% today