GDA good drinks australia ltd

ascending triangle in gda- an updated chart

  1. 1,268 Posts.
    Hi friends,

    Here is the latest updated chart ( up to yesterday's close) showing a very defined and clear ascending triangle pattern in GDA. Ascending triangles normally resolve to higher prices in the direction as marked on the chart, and the magnitude of the outbreak of the top of the ascending triangle (horizontal line) is the length or depth of the triangle as marked.

    Ascending triangle patterns are potentially bullish. Let's watch for the outbreak and for prices to move higher rather than lower in line with the pattern already described.



    May the best prices be yours

    dascore
 
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