Post by cosmic on Aug 16, 2010 9:05:29 GMT -5
Watching MPG closely as I'm in this trade - there are multiple conflicts on the charts.
The wedge patterns are bearish, predicting drop to the 1.75-2.33 area so up to 40% pullback.
The candle patterns, both those yellow squares, are bullish harami. With the 2nd one triggering just late last week.
The wedge patterns are bearish, predicting drop to the 1.75-2.33 area so up to 40% pullback.
The candle patterns, both those yellow squares, are bullish harami. With the 2nd one triggering just late last week.
