Pattern Charts - FLAGS, TRIANGLES, WEDGES

[I M Foe Deep]

Having vented all that, I'll share what I originally came here to post. I found a stock in STV that appears to be forming what professional trader Thomas Bulkowski calls a "high and tight" flag; that is, a flag that forms after a stock has risen 90 or more percent in the last 2 months.

According to Bulkowski's research, comparing the data of many hundreds of trades, using nearly all patterns and the traditional methods of trading that go with each of them, the high and tight flag is the most dependable pattern on the market, far moreso than the more common flags found within the market.

More can be read about it here - link directs you to Bulkowski's website. According to his research, having observed 253 of these pattern formations, 90% of them reached price target after breakout.