Shares have completed a bullish breakout and consolidated above the resistance of the ascending triangle formation and also the 61.8 retracement level, which was a key area within the past few months.
The breakout suggest continuation of the bullish trend that started from 2009, where the minimum measured target for the triangle is around 55.00 areas..
Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
twitter.com/thefxchannel
facebook.com/thefxchannel
plus.google.com/+Thefxchannel0
My best regards
Technician
The breakout suggest continuation of the bullish trend that started from 2009, where the minimum measured target for the triangle is around 55.00 areas..
Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
twitter.com/thefxchannel
facebook.com/thefxchannel
plus.google.com/+Thefxchannel0
My best regards
Technician
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