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Thursday, January 10, 2008

EVER: Falling Wedge

This issue traded outside the falling wedge pattern. Is this a breakout? or just a touch at the resistance line? (similar to CYBR eh?)

It touched the Fibonacci Ratio @ 0.22 (23.6%) then went back to 0.21 again.

Falling Wedge
EVER Chart as of January 10, 2008