weekendcharting 28 november, page-53

Fair call Susan, its all open to interpretation. Im aware that the majority would call the weekly bar chart an ascending triangle - and it is, its just that ive found more success by looking for patterns that are or have the similarities to a cup and handle. Its a good thing to me that others see ascending triangles so clearly as it provides converging support for a breakout. Either way you look at it, AQP definately seems to be coming out of a basing pattern after a significant increase in price, and on rising volume. All good things IMO, but remembering that nothing is certain with trading, only the probababilities point toward higher prices.

Thanks for your input.