Breaking out of a ascending triangle????This is a penny stock so beware. Put your stop in about .20!!!! do not risk more then 1R on this trade or any penny stock trade, EVER!!!! If you don't know what a R is then please do not trade penny stocks. I'm going to hold to .80 (200 day moving average) and keep a tight stop on this baby. Longby carley6212
ANY: LOOKING FOR A WAVE UP AND A POTENTIAL BREAKOUTANY is in the middle of a strong downtrend but i'm looking for a potential wave up and a good chance to break this descending channel to the upside. A strong breakdown under the rectangle posted on chart invalidates this setup.Longby cantestogo2