SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HeyRainier who wrote (196)8/16/1997 10:03:00 AM
From: Woodchuck   of 257
 
Hi Rainier, Thanks for the explaination. A further clarification, please. Am I right that the right angle is located at the lower left end of the line across the bottoms and rises to the left end of the line connecting the tops?

I looked at MFAC's charts and have to admit that I am not seeing the triangle very clearly. Should I be looking at a one year or three month chart? On the three month chart there was limited movement up or down. On the one year chart the movement was general up, but I am unsure where or when one should begin drawing the lines so that the trend appears.

Thank you again for your willingness to help me understand this concept. I sincerely appreciate it. I am off for a week's camping vacation tomorrow so I will not be able to respond to your answer for a while. Good luck next week.

Regards,
Woodchuck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News