IBM has a new business vertical – India’s best minimart!!! Thanks to Suresh bhai Shah for sharing this. Taken somewhere on Kerbal Road, Little India, Singapore.

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Thanks @stockarchitect In an ascending triangle, one trend-line is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trend-line connects a series of increasing troughs. Traders enter into long positions when the price of the asset breaks above the top resistance. An ascending triangle is generally considered to be a continuation pattern, meaning that it is usually found amid a period of consolidation within an uptrend. Once the breakout occurs, buyers will aggressively send the price of the asset higher, usually on high volume. The most common price target is generally set to be equal to the entry price plus the vertical height of the triangle The most telling part of this pattern is the ascending support line, which gives an indication that sellers are starting to leave the security. After the sellers are knocked out of the market, the buyers can take the price past the resistance level and resume the upward trend. http://ift.tt/2pni24N #stockarchitect #india #stockmarket #investing #investor #technicalanalysis #technicalanalyst #trader #trading #charting #charts #learning #daytrader #technicalthursday #Stocks #Business #Finance #Economy #Markets #Money #Entrepreneur #FinTech #Trade #Dreams #Investor #MarketNews #Cash #Daytrader #Invest #Investment

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Simple, colourful yet elegant. Somewhere in Trombay during the ride today. #cyclingjoys

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Thanks @stockarchitect The double bottom is formed when a downtrend sets a new low in the price movement. This downward move will find support, which prevents the security from moving lower. Upon finding support, the security will rally to a new high, which forms the security’s resistance point. The next stage of this pattern is another sell-off that takes the security down to the previous low. These two support tests form the two bottoms in the chart pattern. But again, the security finds support and heads back up. The pattern is confirmed when the price moves above the resistance the security faced on the prior move up. Remember that the security needs to break through the support line to signal a reversal in the downward trend and should be done on higher volume. As in the double top, do not be surprised if the price returns to the breakout point to test the new support level in the upward trend. http://ift.tt/2pni24N #stockarchitect #india #stockmarket #investing #investor #technicalanalysis #technicalanalyst #trader #trading #charting #charts #learning #daytrader #technicalthursday #Stocks #Business #Finance #Economy #Markets #Money #Entrepreneur #FinTech #Trade #Dreams #Investor #MarketNews #Cash #Daytrader #Invest #Investment

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Thanks @parin_g. Sighted in Stamford, Connecticut. #Englishgaffe #blooper

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Thanks @stockarchitect Here’s wishing all a very Happy Dussehra.

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@stockarchitect thanks. A breakout is a stock price that moves outside or breaks a resistance level with increased volume. A breakout trader enters a long position (buys the stock) after the stock price breaks above resistance. Once the stock trades above the price barrier, volatility tends to increase and prices usually trend higher. The reason breakouts are such an important trading strategy is because these setups are the starting point for future volatility increases and large price swings. In many circumstances, breakouts are the starting point for major price trends In practice, once a resistance level is broken, it often becomes the next level of support when the asset experiences a pullback. Most traders use chart patterns and other technical tools, such as trend lines, to identify possible resistance price points that are likely to experience breakouts. Similar price movements to the downside are more often referred to as breakdowns. http://ift.tt/2pni24N #stockarchitect #india #stockmarket #investing #investor #technicalanalysis #technicalanalyst #trader #trading #charting #charts #learning #daytrader #technicalthursday #Stocks #Business #Finance #Economy #Markets #Money #Entrepreneur #FinTech #Trade #Dreams #Investor #MarketNews #Cash #Daytrader #Invest #Investment

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