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Strategies & Market Trends : Chart Formations

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To: Investor2 who wrote (311)10/6/1999 8:59:00 PM
From: Cola Can  Read Replies (2) of 967
 
Are you looking at daily charts?

Yes

What do these ascending triangles mean to you?

The majority of the time, an ascending triangle is a bullish
formation, which means the stock is about to go up. There
is no guarantee that the stock will go up, but the chances
of it going up, from an ascending triangle, are greater,
than it going down.
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