Thursday, April 7, 2011

TIV Follow UP

This was a speculative trade posted Monday April 4th.  TIV still looks good and appears to b prepping for a breakout from the triangle base.

 The base with excellent volume for the pattern...

 15 min. 3C continues to rise


 Positive divergence on the 5 min chart...

And positive on the 1 min chart.

A breakout will occur at roughly $.65-.66 so this is a speculative trade, but it's held up well this week while it appears that it continued to accumulate which would imply a larger breakout move.

No comments: