Falling wedge?????

[#1]

Am subscribed to the SB daily tech. analysis. They have identified a falling wedge on PIK......maybe its just me but i cannot see it. Any thoughts on this guys? Thanks.

[doomsdayza]

on the OST candle chart i've got a falling wedge as follows:
first trend line: 17/3 -> 31/3 -> 28/4 -> 7/5 {also looks like H&S to me if you try?}
second trend line: 16/4 -> 20/4 ->10/5
seen better? :)

[Russ]

They have drawn in the falling wedge with dotted line on their illustration.Since then it has broken out but is now sitting on support at 42.With the whole market looking a bit nervous one needs to watch these supports closely.If you enter now make sure you have a stop in place.