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Re: deadjim post# 73594

Thursday, 05/16/2013 1:10:23 PM

Thursday, May 16, 2013 1:10:23 PM

Post# of 83010
NEWL charts: For you new guys still learning, take that intraday NEWL chart, draw lines over the high this morning and a line through the higher lows at bottom range and you get an ascending triangle.. bullish patteern particularly on these light trader low floats when they get vol.

Was a flag til it confirmed.. noticed how it reacted at the high. all due to the pattern and what it represents: price compression. good chart to learn from and how to anticipate them

flag


ascending triangle



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