This week, HANS made second place on IBDs 10 Highest-Rated Stocks. Over the course of the week, HANS has been consolidating and it first looked though as if a bearish Descending Triangle pattern was in formation:
However, as the week progressed, the Decending Triangle formation has evolved to a bullish Flag formation:
Cross-post at The Bull Trader: http://www.thebulltrader.com/2006/05/26/hans-bull-flag/
Technical Analysis of Financial Markets
Saturday, May 27, 2006
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment