MOMO'S BREAKOUT BOARD

[PennyStockInvestor]

$WFEMF Woulfe Mining Chart:

http://stockcharts.com/h-sc/ui?s=WOF.V&p=W&yr=5&mn=0&dy=0&id=p49287804955&a=293395898

Investopedia explains 'Symmetrical Triangle'
A symmetrical triangle is generally regarded as a period of consolidation before the price moves beyond one of the identified trendlines. A break below the lower trendline is used by technical traders to signal a move lower, while a break above the upper trendline signals the beginning of a move upward. As you can see from the chart above, technical traders use a sharp increase in volume or any other available technical indicator to confirm a breakout beyond one of the trendlines.

http://stockcharts.com/h-sc/ui?s=WOF.V&p=W&yr=5&mn=0&dy=0&id=p49287804955&a=293395898

The sharp price movement that often follows a breakout of this formation can be captured by traders who are able to identify the pattern early enough.

http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/

Read more about WFEMF at:
http://investorshub.advfn.com/Woulfe-Mining-Corp-WFEMF-23053/