If the chart was larger you could see the series of chart indicators no the run up. 3 pennants, with a lull Dec 27 to Jan 12. Each pole indicating a new target which was reached. Then the flag which called for a 38 cent target, when a 36/37 cent high was reached.
I love to use chart patterns for projected targets. I still set my trading targets using a percentage of profit I want, but determine if the expectations are in line with chart patterns.
That said if I was just going to play Gtel for the first time now and evaluating it. I would expect the 25% I normally want. because of the chart. .23 + 25% = .29 target. The triangle show an expected target of 58 or a double. So as the PPs reached my 25% target, I'd do a re eval and if it still looked like a double, I'd raise my target to the double and my new sell loss target would become the old profit target!
This point it time with Gtel is a great example of how I can illustrate, my trading style. Hope it helps some that have been following my post, see it clearer, whit this example.
http://www.investorshub.com/boards/board.asp?board_id=3972 Welcome to my mind! 
