Last Tuesday (idea linked at bottom) I thought 
OPTT was following the 
POLA path to a breakout. OPTT ended up nearly doubling and I think there is more to go. I wanted to provide a more comprehensive look at the pattern I have seen play out multiple times. My next idea will be 4 stocks that I believe are making this pattern that have yet to breakout.
The requirements appear to be an ascending triangle (less often, but still valid, a wedge/symmetrical triangle) with at least 2 'loop' patterns, all of these stocks are also microcaps (<300 million mkt cap). Also know that these are all log charts.
Interestingly, 3 of these stocks are found in the Electrical Equipment industry group (linked below)
finviz.com/screener.ashx?v=111&f=ind_electricalequipmentparts
OPTT was following the POLA path to a breakout. OPTT ended up nearly doubling and I think there is more to go. I wanted to provide a more comprehensive look at the pattern I have seen play out multiple times. My next idea will be 4 stocks that I believe are making this pattern that have yet to breakout.The requirements appear to be an ascending triangle (less often, but still valid, a wedge/symmetrical triangle) with at least 2 'loop' patterns, all of these stocks are also microcaps (<300 million mkt cap). Also know that these are all log charts.
Interestingly, 3 of these stocks are found in the Electrical Equipment industry group (linked below)
finviz.com/screener.ashx?v=111&f=ind_electricalequipmentparts
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.