Coats - Asc Tri bkt out - double your money from hereBullish case Multi year Asc Tri break out with retouch to neckline The bullish target here shows potential for doubling of the price to 170 its 84 now disclaimer this is for educational purposes only and not advice. Longby William_PlayfairPublished 3
Asc triangle moving up, with prior track record UK stockAsc triangle moving up, with prior track record UK stock height of triangle gives target, long term chart, confirmation given by UK FTSE also moving up, also European indices eg MIB moving up. Reliable steady stock Enter using limit orders on any pull backs to top of triangle Stop out if price re enters triangle Target trailing stop, take 85% at target, which becomes the new stop Look to build position using multiple limit orders for entry on market down days, add if the pattern pauses making smaller time period patterns Have fun! Longby William_PlayfairPublished 0
potential H&S pattern on coats group.there could be forming a BIG H&S pattern on coats group. I am shorting here with a close SL just above last High. Ill take profit at the drawn support line and watch closely to re open a new short when that support gets broken, which IMO confirms the H&S pattern.Shortby CptWORLDUpdated 0