ELTY - perform Broadening formation, right-angled and descending.
ELTY performing Broadening pattern, right-angled and descending.
This is one of Top 10 Bullish Technical Chart Pattern with Most Likely Rise,
with 19% Average Failure (Percentage of formations that do not work as
expected). On other words, have 81% success probability.
Breakout is valid when ELTY could break 670 with big volume and closed higher than 670.
Price Objective: IDR 900 (1-3 months).
to find more about this pattern, follow this links:
www.coveredcallswins.com
thepatternsite.com
best regards,
This is one of Top 10 Bullish Technical Chart Pattern with Most Likely Rise,
with 19% Average Failure (Percentage of formations that do not work as
expected). On other words, have 81% success probability.
Breakout is valid when ELTY could break 670 with big volume and closed higher than 670.
Price Objective: IDR 900 (1-3 months).
to find more about this pattern, follow this links:
www.coveredcallswins.com
thepatternsite.com
best regards,
Labels: ELTY, Prediction, Technical Analysis
posted by Boy YR at
2/16/2008 05:40:00 PM
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