Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - Earnings Season Is Here!





S&P 500 - for Friday, June 22, 2018
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S&P 500 - Symmetrical Triangle BREAKOUT
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The Kick-Off Months in the OTC - Jan/Feb - Jun/Jul

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Investors will be paying extra close attention
to company earnings reports
during this current season.

With stocks bordering on all-time highs,
any substantial earnings beats
may propel stocks to even greater heights.

On the flip side,
stocks that may be overvalued
could see a significant correction
if earnings disappoint.

Every earnings season has its share
of big winners and big losers.

Trying to project the stocks
that will post large beats for the quarter
can be tricky.

Even if the research
points to a company
handily beating on the earnings front,
the stock may not always react as expected.

Trading around earnings reports
can get quite dicey
for even the most seasoned investors.

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S&P 500 - Symmetrical Triangle

https://caldaro.wordpress.com/

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The Kick-Off Months in the OTC - Jan/Feb - Jun/Jul
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137701925

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Symmetrical triangles
are usually continuation patterns
with converging trend lines.

Ideally,
a stock breaks out from a symmetrical triangle
prior to reaching the apex of the triangle
with volume expansion.


Chart Patterns

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns

Symmetrical Triangle (Continuation)

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation

http://thestockbandit.com/symmetrical-triangle/

http://thepatternsite.com/st.html

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Trend:

In order to qualify as a continuation pattern,
an established trend should exist.

The trend
should be at least a few months old
and the symmetrical triangle
marks a consolidation period
before continuing after the breakout.

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Price Target:

There are two methods
to estimate the extent of the move after the breakout.

First,
the widest distance of the symmetrical triangle
can be measured and applied to the breakout point.

Second,
a trend line can be drawn
parallel to the pattern's trend line
that slopes (up or down) in the direction of the break.

The extension of this line
will mark a potential breakout target.

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Symmetrical triangles
are usually continuation patterns
with converging trend lines.

Ideally,
a stock breaks out from a symmetrical triangle
prior to reaching the apex of the triangle
with volume expansion.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle_continuation

http://thestockbandit.com/symmetrical-triangle/

http://thepatternsite.com/st.html

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http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=5&dy=0&id=p84499328034