Adarna Energy Corporation. Co (fka ADRN)

[4Godnwv]

Watney99:

BB's chart shows an channel, within which the share price is moving. The red traingles are showing that a little base formed where the share price got squeezed [a correction].

At the apex of each triangle something normally has to give...viola'...

The two blue circles are advances and the little red circles shows that the lower trend of the channel was touched before another bounce.

As you can see we are ready for another price advance.

BTW The little pink dots are called Parabolic SAR [stop and reverse] and are used to set the price of trailing stops for both long and short positions. Another [probably more popular] use is to go SAR's as buy and sell points.