Mid term bearish descending triangle. Started in August 09 around $32.50. Support shown at $32.00. Drop estimate: -$2.50 to 27.50. More likely it will find support at $28.25. Completion timeframe: Oct 2009.
Longer term bullish ascending triangle. Run 1, Mar-Apr 09. Run 2, Jul-Aug 09. Ascending resistance at $32.25 or so. Completion timeframe: Nov 2009.
Any calendar spread recommendations?
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