$ BREAKOUT Chart Plays

[thecon00]

Cjjd. Again my system keeps me holding a little longer than you bonespur. I'm in at anything under 1.70 and am looking for a .50 price move making target 2.20ish based on the ascending tri. I will only exit if 2 of 3 indicators reverse or if it closes below that bottom trendline which right now is at about 1.50. So I'm in. I am unfazed by this recent throwback and would even enter on a throwback if I missed an earlier entry point.

I don't want to mess you up though. if you've got different trading rules always stick to your rules! What's good about these steep slope bottom trendline ascending tri's is they won't keep you cash tied up too long. Either it will breakout on good volume or that steep bottom line will catch up to us.