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DrFork

4,136 Posts.

01/07/16

20:35

Post #: 18174878
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Originally posted by Sector Lead ↑

Thanks Nambo,
Long view of AOH doesn't look so hot. But I do like the volume coming in on this break today. I think we could see some instos coming into AOH once deal is sown up. Some small cap funds. Interesting GSachs had AOH picked as their 2nd best for 2016.

With the CTP close up, you have called your shaded area a pennant.
This is an ascending triangle rather than a pennant right?

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Yes I was hunting for the correct term in my head but could only choose between ascending wedge and pennant. The ascending triangle is more appropriate. I must admit I am not intimately familiar with all the chart patterns as yet but slowly slowly...
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