Normal
Re: CoyotteLHG STIRRUPStirrup Pattern of LHG currentAfter a stock has begun to rebound from a severe declineStarts with the formation of a upward sloping triangleTrade can be entered early as price target trade -- the depth of the triangle is added to the top line of the triangle = EXITIf price continues past the target -- the new target becomes -- the Base of the triangle to the Top of the previous High x 2Before this stage is reached the stock would probably have turned into Tread Trade and could be treated under those rules .Disclosure: hold a long position, will add to if triangle target is exceeded.Will show the same pattern with ROC tomorrow.
Re: Coyotte
LHG STIRRUP
Stirrup Pattern of LHG current
After a stock has begun to rebound from a severe decline
Starts with the formation of a upward sloping triangle
Trade can be entered early as price target trade -- the depth of the triangle is added to the top line of the triangle = EXIT
If price continues past the target -- the new target becomes -- the Base of the triangle to the Top of the previous High x 2
Before this stage is reached the stock would probably have turned into Tread Trade and could be treated under those rules .
Disclosure: hold a long position, will add to if triangle target is exceeded.
Will show the same pattern with ROC tomorrow.
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