Triangle patterns are a good strategy for the person who is looking for boundaries. They give us specific targets to trade by and the entry points are very clear. The idea is to buy the stock after it breaks out over the upper line of the triangle and set your stop somewhere below the bottom line. I have laid out the specific instructions for managing risk for this trade so be sure
you understand your exit strategy before you even think about buying Barrick Gold (ABX).
Equity Oracle: 03/01/2012
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