Stoploss.ch

Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Ascending Triangle

Pattern Description:

In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trendline 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.
Ascending Triangle

Featured Video

Creating Local Data in MetaStock XV

In this video, you'll learn how to work with and create local data in MetaStock 15.

Featured Article

Platinum demand gets 'automotive boost' in 2023, deficit widens - WPIC

by Vladimir Basov
The World Platinum Investment Council (WPIC) reports that automotive demand for platinum this year will reach its highest level since 2017 and now forecasts a platinum deficit of over one million ounces for 2023. WPIC said that “strong” automotive demand growth is a key factor behind the widening deficit of platinum, in addition to industrial demand growth to record levels, and flat supply. According to the report, platinum automotive demand is expected to reach 3,283 koz...
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Technical Review

Cardinal Health, Inc. Bullish exhaustion warning.

2025-12-02 by Tim Straiton

Cardinal Health, Inc. is an American multinational health care services company, and the 15th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations. The price closed at $208 on Monday 1st.of December 2025, which is 24% above its rising 40 week moving average.

The MACD-V level of 202 suggests that a downside correction is highly likely in the near future. Further indication of market exuberance is the weekly choppiness index reading of 29, where a rise above the 35 level will most likely initiate a move to the downside.


Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

Six-Swiss-Exchange

Site Description:

Right on the pulse of the market: SIX Swiss Exchange provides you with the latest market data and neutral business news all at no cost.
http://www.six-swiss-exchange.com/index.html