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El Paso (EP) Rectangle Pattern Break
http://www.tigersharktrading.com/articles/12059/1/El-Paso-EP-Rectangle-Pattern-Break/Page1.html
By Andy Swan
Published on 05/9/2008
 

After trading in a rectangle pattern over the last year, El Paso Corportation (EP) broke hard two days ago.


El Paso (EP) Rectangle Pattern Break

After trading in a rectangle pattern over the last year, El Paso Corportation (EP) broke hard to the north two days ago. This break in EP indicates the upside move should continue to 22 over the coming weeks.



Andy Swan is co-founder and head trader for DaytradeTeam.com. To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.