GREY:CUDBF - Post by User
Post by
yukon_goldon Nov 21, 2014 12:58am
947 Views
Post# 23150839
POP.V Nov 20 2014 Bullish Continuation Wedge
POP.V Nov 20 2014 Bullish Continuation WedgePetro One Energy Corp
(POP:TSXV)
Event Details for: Bullish Continuation Wedge
Tells Me: After a temporary interruption, the prior uptrend is set to continue. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend. |
Event Date: |
Nov 20, 2014 |
Opportunity Type: |
Intermediate-Term Bullish |
Close Price: |
$0.24 |
Target Price Range: |
$0.75 - $0.85 |
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Price Period: |
Daily |
Volume: |
14,700 |
Pattern Duration: |
59 days |
Inbound Trend Duration: |
198 days |
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