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Three weeks out and the pennant chart is still intact. I'm noticing higher volume on the down days lately. I am not trading this stock until the direction becomes clearer.
Columbus, your original post was dated FEB 17 so the pattern has held for almost six weeks ;)
Thanks for noticing. Actually, at this point, the chart is looking like a descending triangle with a base around $1850. Bearish, in most cases. http://finance.yahoo.com/q/bc?s=SEB+Basic+Chart&t=6m
I would wait until SEB hits $2450. Look for the upgrades then slowly step in...