Replies to post #235555 on Fannie Mae (FNMA)

[reyprimero]

All my calculus over the actual triangle give me minimum 7.74.
1.The targeted move is measured from the top (6.35)trough at vertically to the opposite border(2.93):
Move = 6.35- 2.93 = 3.42
2.The move is then projected from the point of breakout at [4.76].
3.The target is calculated as the value at the breakout point [4.76] plus the move:
Target = 4.76 + 3.42 = 8.18
some variation like the point of breakout could bring different result ,but my minimum result was 7.74!!$$$$$$$$$
And we are agree 100% volume it's the key!!!GO FnF