Price Patterns

This morning in the Price Patterns class we took a short tour of prophet's price pattern search feature. If you were not there, we discussed that the only way to get access to this class is through the 4-day live class here in Utah. I say that only to hedge the numerous e-mails that would end up in my lap asking how to get access.

Here is the short list of stocks I presented this morning that had emerging or completed patterns. Add these to the list of patterns we have discussed each week for the last few months.

USNA- Symmetrical Triangle

FAST- Ascending Triangle

HITT- Ascending Triangle

ASF- Pennant

DBRN- Flag

A few posts ago I mentioned EBAY as a triangle setup. It broke out on 10/4 and looks to be in the process of retesting support. This could be a nice chance to enter if the original breakout was missed. Be aware of IV and earnings!

Keep an eye on AGE today. It's at resistance of an ascending triangle. So far there is no huge amount of volume, but it has made some good moves in the last few weeks and may do that again. Good Luck!

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...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT... ...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT...

About me

  • I'm Option Addict
  • From Saratoga Springs, Utah, United States
  • I am a professional trader and an instructor for Investools. I've had relations with the markets for 9 years. Born in Concord, CA, but reside in Saratoga Springs, Utah. Father of THREE, Husband of one.
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