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Ascending Triangles - Gotta love 'em!

Started by basonista, March 02, 2006, 07:58:47 AM

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Terliso

#195
You might wanna put ATML on ur stock list this week ;)
Ascending Triangle is about to break on ATML, indicators showing a bullish signs.

Also ATML has taken out the minor resistance @ $4.80 on Weekly Solid Line

Goodluck!!

Terliso

#196
More Triangles on the move ... CLG is one of them, made a break out yesterday hitting another ALL-TIME high ;)

Terliso

#197
Ascending Triangles are rallying !! ... another one... GEMS made a breakout 2 weeks ago (All-time high) ...

I like this one better ;)

Lucas Scott

Triangulators - I submit BGO for your review!
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

Lucas Scott

Triangulators - you have to love the setup on LPTH. Looks close to breakout. Implied target would be ~$11, a 57% gain 8)
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

beroznikmal

I think Ipas is a very good pick.... Good news came out but no reaction yet, there was somewhat abreakout w healthy volume.

Cheers
B
Up and down it goes, where it ends nobody knows....Or do we.....;)

Lucas Scott

Triangulators - CNXT back in play with an ascending triangle breakout today and an implied target of $5 - which is a 39% gain from the b.o. point 3.60
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

thai626

On the verge of a breakout.  I don't have much time to say anything else.   :P

Current Holdings:  ASTM, STV, SVA, NIHK.ob

Melf Elf

ALGN has had a bullish Ascending Triangle breakout, and two successful re-tests, including this morning.  The highs of the current pattern are 9.45 and 9.43, "close enough" to be another Ascending Triangle.  See the ALGN folder on the Stock Picking Board for analysis and targets, if interested.

aero

CRNT looks like an interesting play. Forward earnings of 12. I think it qualifies as an ascending
triangle.

Adopted by Nokia. One of the rising players in the backhaul market.

Retreated a little from the Bullish and trading above $5.
Should move through on next Volume surge.

Thanks to Quasi for his writing on chart posting and cheers to the rest of youguys your picks are being followed.

all the best

aero

Quasi

Hi all,

This is one I've owned for a few months, could say an ascending triangle is starting to form, maybe a strethch, but I liked the support around the $2.75 range.  I bought in at $2.80 and hung on for that last dip.  Now at resistance but looking fairly strong.

I know volume is a little lower than most would like to see here,  but check out the weekly chart below, also looks like a cup & handle formation, or maybe an inverted head and shoulders formation.   What do you guys think,  I know all the confirmations of formations don't fit 100%

Happy trading / investing
Quasi

JMHO subject to change without notice,
Happy Investing / Trading

Quasi

Quasi

Hi all,

Here's another one I've been watching for a while, long term consolidation in ascending triangle, with short term ascending triangle closing in.  Still watching and waiting.

I also like it because of the WiMax technology, wireless broadband, long range up to 30 miles instead of the current couple of miles.  Also like ALVR in this field.

Charts below are short term daily and longer term view weekly

Quasi
JMHO subject to change without notice,
Happy Investing / Trading

Quasi

Lucas Scott

BGO is flirting with the breakout point. See chart at the top of this page. It's pushing against the top line of the triangle.
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

aero

CRNT broke 5.2 plenty of headroom once 5.4 is taken out running into earnigs.
Volume picking up and still early in the day- FPE13 and $30m cash growing revs over 25%.

Thanks for pointing out Airspan always forget it at. One to monitor as well.
Though there are a bunch on this board that look exciting ala CNXT.

Melf Elf

Ascending Triangle breakout on 3 times average daily volume (100 day).  See ALTI file on the Stock Picking Board, if interested.