Thursday, July 29, 2010

PTPP - PATTERN ASCENDING TRIANGLE

PATTERN ASCENDING TRIANGLE IS A BULL PATTERN AS LONG AS PRICE DOES NOT BREAKDOWN BELOW THE BREAKOUT POINT.

PTPP BREAKOUT @740, USE THIS LEVEL AS A STOP LOSS, A PULL BACK TO TEST SUPPORT IS FINE, BUT PRICE CANNOT CLOSE <740.

1ST RESIST: 810
2ND RESIST: 860
3RD RESIST: 930