KKD is currently breaking out of a 3-month long symmetrical triangle.
The downward-sloping red trendline has been tested twice (at points B & D.) And has finally broken out on 1/22. Once again, I am not seeing the spike in volume that I am looking for. However, the red trendline was decisively broken. According to the triangle measuring technique, the maximum...
There appears to be a bullish breakout from a 3 month symmetrical triangle on AKRX. This looks like a textbook breakout (Lower highs & higher lows converging.) A symmetrical triangle alone is a neutral consolidation pattern - only until it breaks one of the trendlines does it signal direction. The price has not only broken the upper trendline, but has spent two...
There is a downward trending channel on UA since December. On January 2, the price broke through the long-term trendline, indicated in green. The price is currently making a pullback to this line, which is not uncommon when a trendline is broken. This, combined with the downward short-term trendline, indicated in red, creates a sort-of pivot point. It looks as...
