The stock has been in a continuous downtrend..But ever since Sep 24th, the stock has been making higher lows.. And a symmetrical triangle pattern has been formed in the process.. I do not wish to predict the side its going to breakout.. Lets just wait for it to happen and trade what we see...(This is only for educational purpose)
Comment:
Look at the beautiful move today after breaking out on the down side.. 2.5% down