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Diana Shipping Inc. Message Board

  • grump430 grump430 Aug 23, 2013 6:13 PM Flag

    ascending triangle breakout

    Going back to mid March the chart formed a continuation pattern called ascending triangle.
    Todays action and close confirm the patterns completion. The depth of the triangle suggests subsequent price action to a price target of 13 for the answer to the triangle, not to mention the trend is clearly up.

    Sentiment: Strong Buy

 
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