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Replies to #36213 on lowtrade

lowtrade

03/07/13 10:25 PM

#36214 RE: thecon00 #36213

PLG chart

Ascending triangle. The flag failed. Always trade the latest pattern seen. First there was the flag, then ascending triangle. Trade the triangle.

I like someone was accumulationg before this move. See the volume Feb compaired to March.

Breakout at 1.45 happened on descent volume. but don't like the emotion gap. Might wait to see if this was a fake out and plan enrty a little higher, say 1.50