2waytrading

Monster Wedge (bearish)

Short
BATS:FAF   First American Corporation (New)
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1
The rising wedge that has broken out downside did not achieve its projected target price $22-$18 area but price rebounded back above rising uptrend support line which could easily continue previous downtrend if price fails to push above the descending trend line or above $25.50. Still maintain previous target price. Join us http://www.woowtrading.net where serious traders come and trade.