Replies to post #49969 on 1812 Brewing Company Inc (KEGS)

[Tommy86]

ktran, no problem about you being straightforward, thats the way i like it!

first, if you look close, its nothing about "years". every candle represents one tradingday. from the start of the huge runup till today is like on month.

second, the trendlines in this chart are not "just connecting dots" or whatever. both lines got 2 times confirmation at the exactly right point! these lines form an ascending triangle, that means a channel going up...

third, the original idea about this TA is from www.drpennystock.com , a pennystock professional, i think he knows what he talks about.

sorry if i am straightforward

ps: just to reinforce my position, fundamentals show that this will go up too