PENDING BREAKOUT

Apr 18, 2015

Bullish pole patterns have been forming and exploding with mega profit potential all month long. Wednesdays tax day must have meant huge relief to some traders as price action tore through resistance lines all afternoon to within the thought pattern of four digits. This bullish surge started after billionaire investor Carl Icahn announced he increased his share holding to 4.74 million or 52.3%. What does he know I wonder? So there's your fundamentals. This symmetrical triangle pattern could be a trap for salivating traders like me, but this thing looks ready to explode. Relatively low over all volume during the formation, take away the "Friday afternoon sell-off" and the MACD would be more honestly bullish as well. I think this thing is perfectly set up for the "Monday-morning" trader.