The solid lines as that slope is much less steep. That's
why I drew a dashed steep line which was cleared today but the
stock did not run hard on that break. This stock can trade wild so
keep that in mind. It also tends to be news driven.
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LINU 60 Minute View
Posted by steve on 19th of Oct 2017 at 01:14 pm
LINU - Chart Link
Thanks for drawing this Steve.
Posted by RichieD on 19th of Oct 2017 at 04:54 pm
Which pennant do you feel is more valid to use for an upside break?
LINU
Posted by steve on 19th of Oct 2017 at 05:45 pm
The solid lines as that slope is much less steep. That's why I drew a dashed steep line which was cleared today but the stock did not run hard on that break. This stock can trade wild so keep that in mind. It also tends to be news driven.