End of the month and not much has changed, still cant get a close of day above .026.
However, for the month of January nor did we see a tagging of the lower sections of the range therefore you can see that we've consistently seen higher lows. It's what's known as an "ascending triangle" a pattern that I'm fond of as it has a high probability rate. Plus it's the only time that I'd put validity on a diagonal.
Here's a link for those interested.
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:ascending_triangle_continuation
Let's see how it goes anyway, could easily break lower but when you're seeing higher lows, it's generally a good signal.
Cheers.
ADN CHART, page-5476
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