Wednesday, 20 June 2012

June 20

June 20

Chart shows an Ascending Triangle Formation
Looking for a breakout tonight above $590 to trigger the BUY 
Initial targets are the March highs of $640 
Stops can be placed under $565 which would invalidate the signal 


  1. Shares opened at $588 today and have dropped since then.
    At this stage the trade has not been triggered.
    Will come back at market close to update on this potential trade

  2. Failed to break above the resistance level during thevpastb2 days of trading
    Buy has not been triggered