2waytrading

Symmetrical Continuation Bullish triangle

Long
BATS:AEO   American Eagle Outfitters, Inc
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The price out performed today against the group and the sector over all was the best. FYI the company will report March 6, 2013. This bullish pattern has a measured move of 21% upside from today's close. Price closed today 14% below its 52-week high and the chance to print a new 52-week high has increased lately. If you decide to take a long position, please, make your stop at recent swing low at $19. Join us where serious traders come and trade http://www.woowtrading.net

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