The attached Graph say's it all. I picked this up as two trading paterns Acsending triangle and Soucer break out. The botom of the triangle shows a low of .007 with the top of the triangle showing the 2.4 cent break out. The simple mathermatics is the depth of the bottom of the triangle and the top = 4.1 cents. It can also be said that the average price has been 1.6 cents so the lower target is the depth of 1.6 cents and 2.4 cents = which gives 3.2 cents. I always go below the target by 1 or 2 points. The 3.5 cents is my initial target between my low profit target of 3.1 cents and 4 cents.Joe Blow said:Angelo, can you explain how you arrived at your valuation.
Joe I hope you didn't think I was Ramping???????
Over to you know what do you think of my targets, are yours simmilar to mine??