Here’s a little impromptu interview action from my NYC trip. There’s some very valuable nuggets of info here, so listen close. Enjoy!
Archive for September, 2009
TA Tuesday: Descending Triangles Explained
Posted: September 1, 2009 by nickfenton in PersonalTags: day trade, day trading, descending triangle, down trend, entry, exit, formation, intraday, measured move, Nick Fenton, resistance, SBUX, starbucks, stock education, stop, support, target, teaching technical analysis, technical analysis explained, technical formation, thesecretsofdaytrading.com, trade oppportuntiy, volume
I missed a great trade opportunity in Starbucks (Nasdaq: SBUX) on August 24th. SBUX had formed an extremely solid intraday descending triangle, but I was just a little late in spotting it. The formation was so perfect, I decided to utilize it as a teaching tool. Check out the video below, and feel free to [...]