and here is a bank consolidating its 45% run moving sideways and forming a rectangle/box breakout setup.
Heritage Commerce Corp (HTBK)- HOLDING CO FOR HERITAGE BANK OF COMMERCE OPERATING VIA 17 OFFICES IN SANTA CLARA, ALAMEDA, CONTRA COSTA
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based...