Anyone know how to calculate what the profit level should be on a pennant brekout? Kind of like something you see when you use autochartist's software.
Any ideas would be greatly appreciated.
Any ideas would be greatly appreciated.
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Dislikedhttp://tutorials.topstockresearch.co...ndPennant.html try this. in additon autochartist program already points out target levels of any pattern.Ignored
DislikedYou could use time-based profit taking, probably the most profitable strategy during exiting trades I've ever experienced...Ignored