the triangle break defined
So . . my guess from what I am hearing yesterday and today on the board.
Here's my guess . . so tell me if i am wclose . . .A triangle break is when there is a period of trading that has a flat ceiling (inthis case it was 14) over a period of time of over 3 days, and where the floor decreases from a lower level (initially say 11c) to a level closer to the ceiling (in this instance a sustained 14 day) . . given geomerty and the force of time, this would mean the next logical break would go up (as with a floor of 14 there was no-where to go (sellers had dissapeared)
close?
NWE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held