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Actually a trendline is formed by the peaks of 2 candles so...

  1. Day424
    505 Posts.
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    04/11/19
    21:06
    Post #: 41245673
    Actually a trendline is formed by the peaks of 2 candles so Chippy has drawn a fine line here.
    And as per breakout rules, the longer the timeframe that the breakout is playing over, the stronger it is. This is a trendline from more than a year ago, so it's pretty good to break out of it
    MYQ Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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