for FEK

[Rams]

Re:AGL by Rams on 05 May 09:20 chart pattern similar to TOPI. Complex correction - double zigzag( now in wave a of Y). I will be looking to go long if there is support at around 308 level at 61.8% retracement which will complete the corrective pattern. If 308 does not hold then will short to around the 250 level...

[sponono]

was interesting to watch the DOW do an intra-day falling wedge/flag. looks like the ALSI is doing the same thing today.

[FEK]

Well support did hold of around R308, please elaborate on the wedge filling as I do not understand the technicals too well.

[#4]

Some nice description of technicals at this website...herewith for wedges http://www.babypips.com/school/wedges.html

[FEK]

Thanks, that was great I learnt alot in the last few minutes, so what is the upside target for alsi top 40 since uptrend might happen

[sponono]

wow, falling broke up at 27,550 and rallied nicely. Rams/SBK: this must be one of the 10-20% successful falling wedges