I'm seeing this pattern (unfortunately, as I hold and hope) as more a rising wedge as opposed to an ascending triangle. With wedges the border lines both move in the same direction (in this instance, upward) whereas ascending triangles have a horizontal upper trend line with an ascending bottom trend line.
Rising wedges are usually a bearish formation. Keep an eye on those stops.
http://www.decisionpoint.com/TAcourse/Wedge.html
psst woddonnee.....if they ask you...., page-7
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $624.9M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.5¢ | 28.0¢ | $900.0K | 3.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61864 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 18769 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |