re: Ann: Inmarsat Approves First Two Mileston... Agree chart...

re: Ann: Inmarsat Approves First Two Mileston... Agree chart does not look to good now but different story a few days ago when an intraday Ascending Triangle was present on strong volume after Ann.

Often Asc Triangles denote building presure of buyers increasing and sellers not willing to sell lower, Thus the price moves up slowly to a resistance line then suddenly breaks up in a rush. So -sometimes- they break up sometimes they don't.

Conditions for a Stock will change as time passes. So you need to move with the times ...Thats the way of the stock world I'm afraid...

Given the overall weakness in the market I'd say your orignial guess of 0.006 is looking shakey also... Notice you changed it down a few ticks lately. Hmmm

So Good luck with your position 0.006 ...