Here is the image of the detailed graph:
notice that it is forming a potential bullish ascending triangle on the 15
minute 30 day chart, making higher lows, and RSI, schocastics, and MACD are all
pointing up.
http://i109.photobucket.com/albums/n78/fatcatbigshot/here.png
and the pattern it looks like its forming:
The ascending triangle is a bullish formation that usually forms during an
uptrend as a continuation pattern. There are instances when ascending triangles
form as reversal patterns at the end of a downtrend, but they are typically
continuation patterns. Regardless of where they form, ascending triangles are
bullish patterns that indicate accumulation.
and here is the example graph:
http://www.stockcharts.com/education/chartanalysis/images/asctri-conti-wag.png
---------------------------------
Yahoo! Music Unlimited - Access over 1 million songs.Try it free.
[Non-text portions of this message have been removed]