Excel Formulas & Functions: Array Formulas or CSE Formulas
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The examples of Array (or CSE) formulas below are based on an awesome
article of Microsoft Office Official Website - Click here to see the article
*What is...
BSE 100
9/13/2009 09:00:00 PM
When you notice a stock has a series of increasing troughs and the price is unable to break through a price barrier, chances are you are witnessing the birth of an Rising triangle pattern.
Confirm your Rising triangle pattern by drawing a horizontal line tracing the upper price barrier and a diagonal line tracing the series of Rising troughs.
The Falling triangle is the bearish counterpart to the Rising triangle.
Confirm your Falling triangle by drawing a horizontal line tracing the lower price barrier and a diagonal line tracing the series of Falling troughs.
The Rising and Falling patterns indicate a stock is increasing or decreasing in demand. The stock meets a level of support or resistance (the horizontal trendline) several times before breaking out and continuing in the direction of the developing up or down pattern.
How to Profit from Rising and Falling Triangles
Rising and Falling triangles are short-term investor favorites, because the trends allow short-term traders to earn from the same sharp price increase that long-term investors have been waiting for. Rather than holding on to a stock for months or years before you finally see a big payday, you can buy and hold for only a period of days and reap in the same monster returns as the long-time stock owners. When you learn to identify Rising and Falling triangles, you can profit from upwards or downwards breakouts. That way, you’ll earn a healthy profit regardless of where the market is going.
Watch For:
• An Rising or Falling pattern forming over three to four weeks.
Set Your Target Price:
For Rising and Falling triangles, sell your stock at a target price of:
• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.
Confirm your Rising triangle pattern by drawing a horizontal line tracing the upper price barrier and a diagonal line tracing the series of Rising troughs.
The Falling triangle is the bearish counterpart to the Rising triangle.
Confirm your Falling triangle by drawing a horizontal line tracing the lower price barrier and a diagonal line tracing the series of Falling troughs.
The Rising and Falling patterns indicate a stock is increasing or decreasing in demand. The stock meets a level of support or resistance (the horizontal trendline) several times before breaking out and continuing in the direction of the developing up or down pattern.
How to Profit from Rising and Falling Triangles
Rising and Falling triangles are short-term investor favorites, because the trends allow short-term traders to earn from the same sharp price increase that long-term investors have been waiting for. Rather than holding on to a stock for months or years before you finally see a big payday, you can buy and hold for only a period of days and reap in the same monster returns as the long-time stock owners. When you learn to identify Rising and Falling triangles, you can profit from upwards or downwards breakouts. That way, you’ll earn a healthy profit regardless of where the market is going.
Watch For:
• An Rising or Falling pattern forming over three to four weeks.
Set Your Target Price:
For Rising and Falling triangles, sell your stock at a target price of:
• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.
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Disclaimer
This blog and the opinions/break- outs mentioned therein are for informational purpose only and not a recommendation or an offer or solicitation of an offer to any person with respect to the purchase or sale of the stocks/futures discussed in this report.
I, Ashish Jain , do not accept any liability arising from the use of this blog. The recipient & reader of this material should rely on their own investigations and take professional advice. Subscribers and readers using the information contained herein are solely responsible for their actions and shall not hold the Author liable for any investment decisions/ actions or any other action (including abstaining from action) based on the Content provided. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The information provided is based on the theory of Technical Analysis. All levels mentioned, including break-out, target, stoploss are only informative. Trading and investment in stock market is risky and volatile.
The information here may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from the author.
I, Ashish Jain , do not accept any liability arising from the use of this blog. The recipient & reader of this material should rely on their own investigations and take professional advice. Subscribers and readers using the information contained herein are solely responsible for their actions and shall not hold the Author liable for any investment decisions/ actions or any other action (including abstaining from action) based on the Content provided. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The information provided is based on the theory of Technical Analysis. All levels mentioned, including break-out, target, stoploss are only informative. Trading and investment in stock market is risky and volatile.
The information here may not be reproduced, distributed or published, in whole or in part, by any recipient hereof for any purpose without prior permission from the author.



