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Jazzy_Online

Conservative Trade : Ascending Triangle + Breakout

Long
RECTIFIER TECHNOLOGIES LTD (ASX:RFT)  
Jazzy_Online  
ASX:RFT   RECTIFIER TECHNOLOGIES LTD
Trend Analysis Chart Patterns Triangle ASX RFT
2
0
trendanalysis chartpattern triangle asx rft
RFT
snapshot

RFT.ASX seems to have broken out of an ascending triangle on Weekly chart. Weekly chart patterns play out the best and are slightly more reliable than Daily. The volumes is also steadily rising reinforcing the breakout. Conservative trade to enter at current levels or on slightly pullback tomorrow. Disclosure: Bought today at 0.038.
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