Pattern recognition.
My most favourite pattern is a breakout fro a lengthy top formation.
A few examples.
# ISD gave a few buy signals after a couple of lengthy periods pussyfooting at the top.
# CSV was meandering between $1.30 & $1.30 for a few months.....Can you catch it now after leaving this area?
# UBN broke above a flat top at 90c....This became a history.
# AXI is just breaking above a year long top around 6c.....It may dip to test this level , but the odds stacks very high that it is moving to a fresh uptrend with a solid floor at 6c.
I buy this pattern with my eyes closed....100% success rate.
