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Strategies & Market Trends : Ted Warren's Investolator

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To: Balti who wrote (1283)5/15/2023 9:21:25 AM
From: WEagle  Read Replies (1) of 1795
 
Balti,

That is more like it. I might have moved the upper resistance line up to include the '20 and '23 highs but that may not matter much.

Just my opinion, but I wouldn't get hung up on triangles too much. They are not my favorite formation. I prefer the long, (somewhat) flat bases and the shallow angle down slopes. That should include steeper down slopes that transition into shallow down slopes (or down trends) or curving dish-like bottoms. (On these transitions, only the shallower down slope counts toward the two year requirement.)

WEagle
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