TA: Falling Wedge
I hope this indeed a falling wedge. I have a position @ 1.28. After it went up the other day as high as 1.38, it began to go down @ 1.30. I hope that will be the new support. Perhaps a small flag? =) and it just consolidating after its price accelerated.
Falling WedgeTA Chart January 04, 2008
But, volume does not agree for it to be a flag. =(
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