Trend line support and triangle pattern

Price taking trend line support for the fourth time and expected it to move up. One can enter long with stop below the double bottom.

As per previous study price continuously taking support from a trend line will break down. So if price breaks the trend line then one can go for sell and hold for one or two days for good profit.

Trade geschlossen: Ziel wurde erreicht:

Wow ! that was a big blow !!!!

Kommentar:

Seems no one is interested about this stock - but patterns never fails !!