A TA rendezvous... will soon see!Yes Umpolung, you are right….
Tracking the ascending triangle pattern is my first tool, on any stock.
Because theses (asc trgl ptrn) never lies or so little… for possible action «soon» as «soon» could also be relative!
But being patient is now my best friends dealing with theses juniors!
And as I like to be ahead of the possible move «short or long»!
I’m now taking my time…
Short or big action?
Only the rest of TA will tell if timing is at rendezvous…Hmmm! And if so…. could do well….
And as said before:
My 1st search goes with theses very short to longer term ascending triangle pattern….
2nd when the Volume average is break and volumes trend line is being challenged… (nice picture)
We are actually there on YLL, challenging (in weekly mode) a double trend line, the first one is done since yesterday & now facing the second one the horizontal one…
I guess today will see… IF!
3rd we are also at the trend line (ready to break) on top of SP since high of .13¢ in Sept 09 till now… We could test this breaking point…. We are there… Could only Could!
4th Since the 2008 bottom of .025¢ till now we are experiencing higher low…
with the short term target to finally break above... the long .075¢ neckline and strong resistance…
Time will tell if we were at the best TA rendezvous!
Just TA reading pleases always DD!
GLTA!
Fratzy!