The next push up. Part 2

Feb 15, 2015

The movement continues to follow the channel created by trend lines. Two triangle formations have overlapped creating a channel within a channel. The narrow sideways movement will eventually get squeezed into the lower trend line before breaking out to a new high of around 275, breaking the old long tern resistance at 272. A safe entry here would be 256... it is possible you could get in at 254 if the price fakes down