Bankard, Inc. This just caught my attention today because of its ascending triangle pattern. It had a false breakout last May 14 when it hit an intraday high of P1.60. Today, it closed at P1.50. We need to see it break that P1.60 with volume to confirm a breakout from it's pattern. The price is almost at the apex of the triangle pattern so let's see how this fans out. Will attack upon breakout.
Showing posts with label BKD. Show all posts
Showing posts with label BKD. Show all posts
Tuesday, May 27, 2008
BKD On My Watchlist
Bankard, Inc. This just caught my attention today because of its ascending triangle pattern. It had a false breakout last May 14 when it hit an intraday high of P1.60. Today, it closed at P1.50. We need to see it break that P1.60 with volume to confirm a breakout from it's pattern. The price is almost at the apex of the triangle pattern so let's see how this fans out. Will attack upon breakout.
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