ENG Ascending Triangle
By Johns Wu on Mar 26, 2006
My old friend ENG is setting up in an ascending triangle stock chart formation.
It tried to make a run for it a couple days ago, but it turned out to be a fakeout. It looks like it is trying to make another attempt at it soon. Watch for the break of either trendline.
This entry was posted on Sunday, March 26th, 2006 at 12:24 am and is filed under Annotated Analysis.
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could be a ST long trade if it get some high up volume.need to close above 12$.