vf_investment

FDN - falling wedge pattern

Long
AMEX:FDN   First Trust DJ Internet Index Fund
What we can see on the chart is a falling wedge pattern.

The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long.

Do not forget to put the stop loss under the wedge .
Possible target area is shown on the chart.
Trade active:
So far so good. Good progress

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