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Post# of 47297
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Alias Born 08/23/2009

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Sunday, 01/10/2010 8:44:20 PM

Sunday, January 10, 2010 8:44:20 PM

Post# of 47297
Hey lowtrade.
I've been reading your posts for a while now, great board!

I got an alert on ARNA as being an ascending triangle play.
I'm still working on finding them myself, but for the time being I gave it a shot at annotating the chart and would like your opinion.
It's my first annotation so Please critique away. (See chart below)

-One question I have with pattern plays is does the pattern trump other support and resistance lines on the chart?
I added resistance lines in my annotations, but wasn't sure if they're needed with the pattern there already.
I know you have mentioned using support and resistance lines when there is no pattern present.

thanks -d

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