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Friday, January 4, 2008

AP: Symmetrical Triangle

Posted January 04, 2008, Updated January 05, 2008

Symmetrical Triangle
AP Chart January 04, 2008

Update January 05, 2008
Looking at this chart again, this is a failed symmetrical triangle. Remember effective triangle should be 80% distance from the apex. This chart is at the apex already. Perhaps, there's no volume to push the stocks up.