There seems the stock is gettin bit cautious, the stock is process of forming a rather Rising Wedge rather than a parallel upward channel. Looks like a good short candidate.The upside for now seems a bit limited. The stock has made intra high of 94.3. But, be cautious, if it reach 116 i would be happy, that been my primary target. However, currently, watch rising wedge, if breaks it can test trendline from top made at 145 in 5th June 2009
Rising Wedge:
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