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Bean wedge
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Yogi2
Posted 1/25/2019 15:11 (#7272129 - in reply to #7272000)
Subject: RE: Bean wedge


NE Iowa
I can't post chart, but start with 9/18 low of 840, had a 10/15 close of 918. The market then pulled back to 858 on Oct. 31 to establish the upsloper line. Once it closed twice over the middle point of 918, it confirmed to me the breakout.The difference of 78 cents added to 918=996 target. It's a triangle formation that doesn't work 100% of the time, but then what does?
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