Ascending Triangle spotted on BLDR

Jan 6, 2020

Here I am identifying a pretty clean ascending triangle pattern on the weekly timeframe. This pattern usually continues upward about 70% of the time. I have an idea to buy some shares around 25.5 with a target exit of around 27. Stop loss would be 25.0.

Feb 10, 2020

Note

Instant payoff in this case lol. very accurate trade prediction, though I would not have expected it to come to fruition a day after making the call.