inocelda
Long

LAWS: Triangle, symmetrical

NASDAQ:LAWS   LAWSON PRODUCTS INC
Wait until it breaks out of the pattern to determine upward or downward movement. 54% breakout upward. After breakout, watch for a busted reversal and jump on the swing for larger movement. The news also seems to be pointing to an upward breakout.

For upward breakouts, target price is $30.51.
For downward breakouts, target price is $23.66

http://thepatternsite.com/Blog.html#P13
http://thepatternsite.com/st.html

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