Tuesday, December 27, 2016

Special triangle strategy with 21% gain CNAT


So why CNAT? Well, as you can see there was pre-market action which got my attention first. The triangle started to form.  Not every triangle is built the same way.  This one got my attention because the VWAP(pink), 8EMA(blue), and 20EMA(red) is right at the make or break point with low Risk and Reward. What happens if the stock moves above the VWAP?