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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (2567)8/7/2000 11:43:36 AM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Yes the same principle applies to ascending triangles.
you have a flat top where selling is occurring but
a rising trendline at bottoms as people pay higher and
higher prices for the stock or commodity.

volume typically decreases in triangles as one gets further
into a triangle pattern.

also triangles that get too far out into the apex tend to
not pan out as they should more often.


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