3PAR (PAR) : Ichimoku Chart shows Resistance

3PAR has been heading up since the bullish gap up a couple of days back.

The Ichimoku chart is now showing resistance at 12.45 and 12.55 marked by the Chikou Span (the 2 points highlighted in oval)

If it breaks these 2 levels, we may see a huge run up for 3PAR as it approaches earnings date.

By iam802

Trend trading with Ichimoku