NWE 0.00% 5.6¢ norwest energy nl

the triangle break defined So . . my guess from what I am...

  1. 2,076 Posts.
    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)

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