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Understanding Descending Triangles
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09-13-2008, 04:19 PM
Stock_Analyzer
Chart Specialist
Join Date: Aug 2008
Posts: 1,090
Understanding Descending Triangles
Descending Triangle is When a stock holds its lows but makes lower highs. Buy at support bottom trendline or makes its first higher high and sell when it loses support or makes a lower low.
Picture compliments of stockcharts.com
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