Asc triangle moving up, with prior track record UK stock
Asc triangle moving up, with prior track record UK stock
height of triangle gives target, long term chart, confirmation given by UK FTSE also moving up, also European indices eg MIB moving up.
Reliable steady stock
Enter using limit orders on any pull backs to top of triangle
Stop out if price re enters triangle
Target trailing stop, take 85% at target, which becomes the new stop
Look to build position using multiple limit orders for entry on market down days, add if the pattern pauses making smaller time period patterns
Have fun!
height of triangle gives target, long term chart, confirmation given by UK FTSE also moving up, also European indices eg MIB moving up.
Reliable steady stock
Enter using limit orders on any pull backs to top of triangle
Stop out if price re enters triangle
Target trailing stop, take 85% at target, which becomes the new stop
Look to build position using multiple limit orders for entry on market down days, add if the pattern pauses making smaller time period patterns
Have fun!