bauxsol and nuclear waste, page-33

re: chart niko hi gaga

I just projected the triangle apex and it continues on into 2006.
This makes it difficult to make any accurate breakout projections - this is a very long pattern.

Ascending triangle patterns can break out at any stage leading up to the apex, but the breaks with the most potential for a strong ongoing move up, usually break the pattern somewhere well before the triangle apex.

So from that point of view it would be preferable for the break to occur before Oct/Nov.
(A point on breakouts - the initial breakout above a resistance line is often followed by a short term retrace back towards the resistance line before the breakout proper continues).

Also ascending triangle patterns are usually but not exclusively continuation patterns - meaning there is also a possibility of a break down.

For that reason I would also pay attentionto the trend line in case the uptrend is violated - if so that would be a strong sell signal.

Wish I could be more exact but charts are always more about probabilities than certainties.

Link : http://www.stockcharts.com/education/ChartAnalysis/triangle-Ascending.html

Cheers