Replies to post #2114 on $ BREAKOUT Chart Plays

[BONESPUR]

I always save these type of charts but never seem to play them.

[Nefyn]

I'd like another twist....some may look at it as too risky. Lets look at UAPC. Likely too OTC for you Con, but good for me. I take lowt's fundamentals and add risk by buying into a pattern early. UAPC appears to be forming an ascending triangle. Instead of buying at breakout at .01, per LT's theory, I'd like to buy starter positions at the lower trend line at the 2nd or 3rd touch (currently at 2nd) prior to breakout confirmation. If it breaks below the trendline I sell for a small loss. If it breaks out at .01, I add and ride the confirmation. Thoughts.....

http://stockcharts.com/h-sc/ui?s=UAPC&p=D&yr=0&mn=3&dy=0&id=p55039592608