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the reason for why i think the symmetrical triangle is forming is because all the way at the the end theres an upward trend. i simply just draw a line on the higher lows and a down line on the lowers highs. sorry the top line should be down ward.

ah i see . but thats the problem i did study for a lengthy period of time and im not sure if im reading the charts right. To me this chart looks like it has tremendous potential to move up becuase of the high spike in volume. but at the same time im not sure because it looks like a...

oh crap that sucks. so how would i know if this is going to keep going up? through volume and continually highs?

what do you mean could you elaborate?

Do you also think my resistance is right? If it break above that mark im thinking about buying

[/IMG] just need some of your professional thoughts. i really dont know if this is coming back down or not. it kinda of seems to be consolidating but i really cant tell. What do you guys think? This is a korean stock. I kinda of think its going to consolidate to the left. but how can i tell?

What i really like about this is the red spike up on huge volume. Couldnt that mean its a signal to buy?

its a biomed company and its not chinese but korean. if you can explain this please try to be as simple as possible. im such a newbie to trading and hardly know any of the big words.

i THINK i should wait for more intel on the chart. the thing is i keep seeing these kinds of chart over and over again and extremely perplexed on how to trade them. What should i do?