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Re: dude iligence post# 25777

Thursday, 01/17/2019 10:34:15 AM

Thursday, January 17, 2019 10:34:15 AM

Post# of 28877
Dude, looks like two target setups. One for the intermediate, longer term swing trader and another for the Friday 'dumping loving' day trader.
Meanwhile we have a "windup float situation" forming rather quietly. wink


The pennant uses the flag pole to factor in target price from the wave of profit taking resulting from the previous weeks and weeks of patient low bid accumulation.
http://thepatternsite.com/pennants.html

The symmetrical triangle is more like close quarter action or hand to hand combat. Targets are determined with with level2 spreads and support & resistance.
http://thepatternsite.com/st.html