Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
beautiful after hours action, is on watchlist but no positions yet, look for 11 per share if you already in. if that resistance breaks we can run up to 15! wish i had a position :S
The support line will move upwards.
The resistance line will be a fairly straight line.
Below is a simple diagram for you to understand easily. Ascending Triangle Pattern
At the end of an ascending triangle, a breakout is likely
On the IRIX daily it appears to be the start of a potential head and shoulders structure. If this occurs, we could see a rebound for the next month with this stock (or up to $16.24, whichever comes first).
