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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: HeyRainier who wrote (194)8/14/1997 10:34:00 PM
From: Woodchuck   of 257
 
Hi, Rainier,
I've got a day job that consumes most of my time between the hours of 6 am and 9:30 pm (yes, it's my own business) so I don't have a lot of free time to read the investing text books.

I've been reading this thread and trying to figure out on my own what some of the terminology means, but I have to say that "ascending triangle" has me stumped. I have been following AULT and looking at its chart regularly. Please help me, what do you mean, how do I identify that AULT has formed an ascending triangle AND what does it signify?

Thanks for helping this novice.

Regards,
Woodchuck
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