Ascending Triangle Patterns are bullish and one of the more reliable patterns in technical analysis.
Disclosure: This is only for educational purposes and not a recommendation to buy or sell securities.
OSX $OSX Initial Long. This is a pure momentum signal just as are every other signal I post. ZERO other factors are considered in producing this signal.
Entry reasons: OSX is showing momentum and confluence of mean reversion crossing up the 70 day price mean.
Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and 1.5xATR offset.
Hi there. Bigger time frame, bigger the opportunity. Price is forming a continuation pattern to the upside and a reversal pattern at the bottom of the bigger pattern. We may see a big move to the upside soon. This is a longer term trade.
