Descending traingles in general have a higher probability of breaking sharply to the upside, vice the downside. Then add a little DD regarding the stock and you have increased the probability to about 99.99% that there will soon be a sharp breakout to the upside, not the downside. That will be evident when you look at the chart next week Monday, if not before.
You are kidding me right?Descending triangles have higher probability of breaking sharply to the upside than downside?Can you post a link or web or anything to back up your post?I would like to see where I could get this kind of NEW info.
ICUC's prediction of the stock breaking to the downside, was an uneducated guess by him, based on his interpretation of his chart and shows both his lack of knowledge of QASP and technical charting trends.
Icuc made a eval on chart based on his knowledge with correct chart pattern and target,you making trade on hope that support will hold,so it seems you have different opinion on trading strategy(hopes),so please next time before you going to make comment about somebody else look around..
ahh,here is your target+chart pattern Pay attention folks - QASP is about to release the Kraken... weeeeee
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