short term trading week beginning - 1st oct, page-85

AVB - A largish ascending triangle almost complete starting as early as the 16th Aug and approaching its apex in the next week or so... Initial Target of 12-13c possible. I think this is a major lead in the short term...

Possible strategies are: -

1. Early Entry - buy on approaches to and bounces off the lower ascending trend line and stop below the line

2. Buy just below the horizontal top of the triangle...and stop below the lower line

3. Buy as it breaks across the top of the triangle Stop below the lower line (Break out trade)

4. Buy on return to horizontal line after break and it bounces back off. Stop a few ticks below the Original horizontal line. (Professional Entry)