SINCE THE PRINCIPLE AGREEMENT BETWEEN YPF AND REPSOL THE PRICE CROSSED WITH HIGH VOLUME A DOWNSIDE TREND LINE STARTED EVEN BEFORE ARGENTINAS EXPROPIATION.
After breakingout today, $YPF just get into another ascending triangle, clearly larger, qith a target price more accurate to its economic value. Keep aneye the next two months. Sell pressure or the famous "political risk" must to decline in favor of economics.
Dear friends, I was unable to get a date brokeup this second inside triangle due scale time problems (basically, I dindt take into account the non working day).
Here is the update, still working. The 2/3 of the extension in fact is 13,333 days, not exactly 14. Take a look to 15, 5 & 3 min charts also to get the real picture.
Good Luck.
