DDD, Triangle, False Breakout

10 Mar 2017

Third test on the triangle after the bang on it in Dec with bear breakthrough candle - oversold. My idea is that this is an oversold false breakout and will quickly rebound upwards. And that it will continue to funnel to the end of the tri-angle then breakout bullish, though it will take a while as far as I can tell to get there.

I just put a stop enter at 14.75 with a trailing stop exit @ .15 to catch the short bull run.. We'll see how it plays out.

24 Mar 2017

İşlem aktif

I just updated the chart and published, adjusted the lower trendline, as far as I believe it's still going to continue with the flag pattern. I haven't sold yet, just riding it out.