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Friday September 03, 2010
cup with handle
descending triangle
bullish pennants
rising wedge
rectangle
symmetrical triangle
bear flags

ascending triangle
bull flags
bearish pennants


Chart Patterns - Continuation 


In the first part of this section we learned that stocks can either consolidate or they can trend.  In the second section we discovered that some trending patterns lead to predictable reversals.  In this section we are going to examine consolidation patterns that lead to a continuation of the existing trend.  As we will soon discover, continuation patterns can be among the most powerful of all technical patterns because they usually lead to spectacular and very low risk trading opportunities.  Listed below are some of the most trusted patterns.


Cup With Handle Rectangle Ascending Triangle
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Descending Triangle Symmetrical Triangle Bull Flags
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Bullish Pennant Bear Flags Bearish Pennant
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Rising Wedge
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falling wedge      cup with handle

 

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