PCOR – Bullish Reciprocal AB=CD

01 Aug

Bullish Reciprocal AB=CD

PETRON CORPORATION (PSE:PCOR)If we look at this chart in a harmonic point-of-view, it is very beautiful. The symmetry of the AB=CD pattern is right on the dot. The 3 day ascend is perfectly drawn too. Perhaps too perfect? Anyway, the mystery company to be acquired still remains to be announced, so this stock still has a story to tell.
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Posted by on August 1, 2011 in Bullish Reciprocal AB=CD, PCOR


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