Tuesday, September 7, 2010

Teva Triangle Trading (TEVA,ARNA)

By Sell Puts 9/07/2010 10:38:00 AM

Here we are with another intra day ascending triangle, this time in TEVA.. 52.93 is the break out point where buying test 53. A breach of the 53.20 level should bring in pattern chasing programs and reversion programs so volume should tick up.
ANOTHER triangle break out today. ARNA .. after jump



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