weekendcharting 28 november, page-45

  1. 14,914 Posts.
    Hapete, if your talking about the psychology of the pattern, you could argue that its an ascending triangle making higer lows. Also note how price retreats at the start of the "handle" on decreasing volume and then at the bottom of the handle we have a narrow range bar on volume that has significantly dried up, right before a big move completing the handle and breaking out on high volume. Acc/Dis backs this up the whole picture is extremely bullish IMO.

    [URL=http://img37.imageshack.us/i/aqpnarrowrange.png/][/URL]
 
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