DISTRICT0X (DNT) Analysis: Ascending Right Triangle Pattern

Very nice ascending right triangle, whic is bullish. Minimum target is $0.00856 but often, these patterns exceed the minmums!

The two black lines that cross draw out a right triangle that ascends. The thin black line parallet to the rising line of triangle is drawn to identify the price point at which the apex matches as marked by the dotted line. That is how the minimum target is calculated. The Apex is the point the two lines of the triangle intersect.

Here is some didactic reference to the ascending triangle pattern:

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:ascending_triangle_continuation

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.