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
Add MAH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $581.8M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.0¢ | $515.7K | 1.888M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72963 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 54000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MAH (ASX) Chart |