I love falling wedges. In fact — I love most stock patterns.
And here’s another one — in Overstock.com $OSTK.
A break of the top downtrend line could take us as high as $90 with a first target in the $60 – $70 range.
Also, looking at the longer term weekly chart, $OSTK is sitting right on prior highs — a great level of support and a possible area to bounce.
While trade warrants a little more caution due to the legal issues, a pattern is still a pattern.
Goof luck out there!