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Thursday, January 6, 2011

FDC

I am not sure if a longer time frame for a pennant is accepted. Normally longer time frame  is accepted if the price fluctuation is huge (price range 3.6 to 5.5) ( October to present).  Do not forget your stops.

"When pennant completes you will often observe a sharp spike in volume."


http://education.wallstreetsurvivor.com/Bullish-Pennant

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