LEDS trend reversal

NASDAQ:LEDS   SemiLEDS Corporation
The perfect set up for a Bullish Gartley pattern, currently completing its formation.

LEDS was undergoing a price correction this week, due to the overbought status from the previous week where we saw a breakout. We also saw an earnings report, which helped fuel the overall bearish sentiment and pushed us below the $15 mark.

I have been watching this once closely, and we seem to have potential for another trend reversal towards the $18 - $20 mark.

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