I have a technical question.
I'm watching ASN and waiting for it to break out of the massive pennant formation pointed out by Valvesound (and maybe others).
Chances are it will break to the upside on the back of an announcement or expectation of the contents thereof.
I'm just wondering whether in such cases it is likely to retest the breakout and dip back into the pennant area before taking off again.
There are probably pattern traders who have much experience with this sort of event.
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- Weekend Aftermarket Lounge - 9 - 12 February 2018
I have a technical question. I'm watching ASN and waiting for it...
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