SECB is that a Symmetrical Triangle?

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Sorry guys if you are seeing chart patterns lately,  saw this and can’t help but post it. If you remember I blog about this chart pattern. Again TRADE AT YOUR OWN RISK, always confirm the formation because it might not breakout as expected.

See the charts below and make due diligence first.



What do you think? Any brilliant ideas to share? Please share it in our comment box.
About the blogger

Louis Delos Angeles is a Certified Public Accountant, blogger behind Investing in Philippines, and author of Investing in Stocks: Preparing for the future small amount at a time. Check him out in Google+ Learn more about Louis and his financial freedom advocacy here.

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See all awesome STOCK REPORTS in PinoyInvestor! (size 280x280)

2 comments for “SECB is that a Symmetrical Triangle?

  1. Anonymous
    July 18, 2012 at 1:43 am

    Sir Louis, First of all, what is your own opinion?

  2. July 18, 2012 at 4:33 am

    The trend is your friend… 😉 Will break up going up… (my guess)

    If Obama wants to win the elections, the market in general should go up, I’m bullish until end of the year, even if we have some pauses in between.

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