2waytrading

Bullish Bottom Triangle

Long
BATS:DECK   Deckers Outdoor Corporation
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FYI the company will report its earning on Feb 19, 2013. Price broke the descending trend-line and formed what looks a perfect bottom triangle which has a measured move of 40% from the previous pivot high at and around $40. If you decide to take a long position make your stop loss at recent swing low at $36.67 area. Join us http://www.woowtrading.net

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