TTQ's Bullish Technical Analysis

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TTQ's Bullish Technical Analysis

posted on Apr 08, 2008 05:06AM

TTM Resources Inc (TTQ : TSXV)

Event Details for: Symmetrical Continuation Triangle (Bullish)

A Symmetrical Continuation Triangle (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. The formation occurs because prices are reaching both lower highs and higher lows. The technical event occurs when the price breaks out of the triangle formation to close above the upper (descending) trendline, thereby confirming the pattern. More...

Event Date:	Apr 07, 2008
Opportunity Type:	Intermediate-Term Bullish
Close Price:	$1.38
Target Price Range:	$1.95 - $2.05

Price Period:	Daily
Volume:	198,740
Pattern Duration:	22 days
Inbound Trend Duration:	37 days

1mth | 3mth | 6mth | 1yr | 2yr | 5yr | More Chart Options

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