An ascending triangle is a basic chart pattern....google Twiggs Money Flow to go to Incredible Charts and search ascending triangle, which is..
Ascending Triangle
An ascending triangle is formed by equal highs and higher lows. It is a bullish signal, whether encountered in an up- or down-trend. It is most often observed as a continuation pattern in an up-trend but is a strong reversal signal when witnessed in a down-trend.
The Customers chart has exhibited this perfectly with the equal highs being 1.25 / 1.30 range. It's a little hard to cut and paste a chart due to the 1 for 10 consolidation.
CUS Price at posting:
$1.23 Sentiment: Buy Disclosure: Held
