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Alias Born | 04/26/2012 |
Sunday, July 20, 2014 3:44:30 PM
So, did we decide that pvct looks to be in a descending triangle?
I decided to paste images of triangles here including DESCENDING triangles:
[url]https://www.google.com/search?q=descending+triangle+reversal&rlz=1T4ADRA_enUS454US455&tbm=isch&imgil=HehsSHaIJjQgHM%253A%253Bhttps%253A%252F%252Fencrypted-tbn0.gstatic.com%252Fimages%253Fq%253Dtbn%253AANd9GcSTA6oz8HOY7kLln0eyM1hvzk3d8RHmnvN3We_f0HDVTdhXg7xLuw%253B456%253B285%253BqrHhUrw52-8tNM%253Bhttp%25253A%25252F%25252Fstockcharts.com%25252Fschool%25252Fdoku.php%25253Fid%2525253Dchart_school%25253Achart_analysis%25253Achart_patterns%25253Adescending_triangle_continuation&source=iu&usg=__k6bt6eSi0MiMURfv2_uWQe-rtdQ%3D&sa=X&ei=6uvLU8jLIs3ooATZ_IGIDw&ved=0CDcQ9QEwAw&biw=1920&bih=998#facrc=_&imgrc=HehsSHaIJjQgHM%253A%3BqrHhUrw52-8tNM%3Bhttp%253A%252F%252Fd.stockcharts.com%252Fschool%252Fdata%252Fmedia%252Fchart_school%252Fchart_analysis%252Fchart_patterns%252Fdesctri-conti-dd.png%3Bhttp%253A%252F%252Fstockcharts.com%252Fschool%252Fdoku.php%253Fid%253Dchart_school%253Achart_analysis%253Achart_patterns%253Adescending_triangle_continuation%3B456%3B285
[/url][tag]insert-text-here[/tag]
To me it looks like descending triangles are generally thought to breakout DOWN / LOWER.
Is this correct?
DISCLOSURE: yes I am looking for the best lower price to buy more shares, since I feel confident in the long term for this pvct stock.
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