As you plot the daily closing prices on a chart, you notice a consistent pattern of higher lows and higher highs, indicating an uptrend. Next, you draw a trendline connecting the consecutive ...
and chart patterns before taking any decision on trading. There are two more important trading applications of a trend line A very popular approach in an uptrend is to wait for the price to make a ...
The stock broke out from a five-month ascending triangle earlier this month, signaling a continuation of the iPhone maker's longer-term uptrend ... the pattern’s top trendline, projects a ...