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Ascending triangle

Ascending triangleAs we said before, the ascending triangle pattern is one of our most favorite and recommended technical setups. A bullish chart pattern used in technical analysis, and a variation of the symmetrical triangle, that is easily recognizable by the distinct shape created by two trendlines. It's easy to spot - even for new traders - and has a relatively high occurrence of breakouts (in other words, we get fewer false-positives with this pattern).

Ascending triangles are generally considered bullish and are most reliable when found in an uptrend. The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant. In ascending triangles, the market becomes overbought and prices are turned back. Buying then re-enters the market and prices soon reach their old highs, where they are once again turned back. Buying then resurfaces, although at a higher level than before. Prices eventually break through the old highs and are propelled even higher as new buying comes in. (As in the case of the symmetrical triangle, the breakout is generally accompanied by a marked increase in volume.)



Polls
Ascending triangleAn 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.

Simply put, the ascending triangle pattern is marked by higher lows on the downside (an uptrend) and a set resistance level to the upside. Share prices bounce in between that uptrend and resistance level, getting squeezed closer and closer to the resistance level along the way until shares break above it. When they do break above, we have our buy signal.

As shares bounce higher between that uptrending support level and overhead resistance, it's easy to be lured into buying shares of IAAC early, back in August or even July for instance. But that'd be a big mistake. When it comes to technical trading, never buy shares until you get confirmation. What's confirmation?

Basically, confirmation happens when shares prove that they can sustain a certain price level. In the case of an ascending triangle, confirmation happens after shares break above resistance, and then hold that level. I like to buy ascending triangle breakouts on the second day after shares move above that resistance level - that way, the breakout is confirmed, but shares haven't had too much time to run higher.

For a value investor, it's counterintuitive to wait for shares of a stock to move higher before buying shares. We want to buy at the lowest point possible, right? Not necessarily.

The breakout is what took IAAC from being some random stock to being an ascending triangle. It's the confirmation that makes the setup a high probability trade and not just a shot in the dark. By waiting for a breakout, you'll always miss out on a bit of upside action, but you'll also protect yourself from losing money more often than not. In the end, I recommended buying shares on September $14 for an entry price of $17.48.

So, using real money, how'd readers end up faring after my sell recommendation came around? Quite a few banked double-digit percent gains for profits like $1,800 and $2,300. One inventive reader even decided to buy options on the trade, and ended up closing out gains of 140% in less than a month.

Remember, the key to profiting from the ascending triangle isn't spotting the pattern - anyone can do that. Instead, focus on holding off your entry until you get price confirmation. That's the key to becoming a profitable trader.

Obviously, there's a learning curve to technical trading. But taking a look at real world trade examples is your best bet as you build out your technical toolbox.


Share prices charts

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Pinterest is a social photo sharing website that has also been described as an online pin board. In my case, Pinterest ranks 3rd as a source of traffic referral for my website. 1st, is Twitter, followed by Facebook. While I still love to pin images of cutesy Lab puppies, for the most part, I use Pinterest to refer traffic to my website where authors can read my blog, buy my books, or hire me.

Most SEO "Guru's" will tell you that Pinterest is useless for search engine optimization because "it is only pictures." I'm about to prove them wrong. Pinterest is one of the most powerful and underutilized forms of social media on the internet. Not only is Pinterest a great platform to enhance your SEO efforts, but it's traffic also has a higher "commercial intent" (meaning people looking to buy) and, therefore, is much "warmer."

  1. Backlinks & Referrals


    Every image pinned to a Board has a link back to its original published source. These are valuable backlinks and can provide referral traffic as well. Capitalize on this. Posting your product and service images and videos is a great place to start. However, keep in mind that it's important to avoid being blatantly self-promotional - remember to provide value to your audience by sharing quality content that is relevant to their interests and worth liking, commenting on, and re-pinning.

    For this very reason, Get Free Followers encourages its users to do all the above stuffs - by paying them for this. Below article explains how:

    1. Get paid to Pin on Pinterest
      Can Pinterest really make you money? Get Free Followers helps you make some bucks out of Pinterest Pins in 2 ways - directly and in-directly.
  2. Take advantage of keyword targeting


    Google now indexes personal Pinterest profiles and private Pinterest boards. Adding keywords to your boards increases the odds of them appearing in a search.
  3. Web Presence


    Pinterest is yet another web presence point. Simple as that. Just like Facebook, YouTube, Twitter, LinkedIn and Google+, Pinterest has gained enough momentum and significance that excluding it any longer may negatively impact your web presence compared to your competitors.
  4. Competitors


    Your competitors are likely using Pinterest on Get Free Followers already. This is a grand enough reason to get started. But better yet, if they are not, you can take advantage of the situation and start building out your Pinterest presence before they do.
  5. Gain better insights into analytics for targeting


    Using Pinterest for Social SEO can also help with better report-ing in your ana-lyt-ics. In your analytics report you can see which pieces of Pin-terest con-tent earned a refer-ral click. You'll be able to track people who pro-mote your con-tent, inter-act with them and map out a bet-ter pro-mo-tional strategy with feed-back and ana-lyt-ics stats from them on what kind of con-tent works best.
  6. Pinterest is not going away in the near future.


    In December 2011, the site became one of the top 10 largest social networking sites, according to Hitwise data, with 11 million total visits per week - this number increased to 21.5 million visits for the week ending January 28, 2012. According to Experian's 2012 Digital Marketer: Benchmark and Trend Report, Pinterest is now the third most popular social network in the U.S. behind Facebook and Twitter, having surpassed LinkedIn.

Pinterest and High Commercial Intent

I refer to use Pinterest as the "Bridge to Amazon" and here is some data to back that up:
  1. 88% of people purchase what they pin
  2. Pinterest has over 70 million users
  3. The 70 million users have posted a combined total of over 30 million pins
  4. 80% of pins are re-pins (like re-Tweets)

VK social media

 

Image SEO

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    VK public Groups are organically searchable in Yandex which is the top Russian search engine. Get Free Followers provides you this professional and super fast service to give 100% REAL and active VK users - willing to be members of your Group and make it popular.
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    Get Free Followers can help your VK Post reach millions of VK users, without needing you to spend much time on it!
  8. VK videos
    Do you know that you can also post videos in VK - the Russian Facebook? Yes - as you guessed it by now - VK, the social giant, can also be used for marketing your videos.
  9. VK video player
 
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    One way to get search engine exposure is - post your photos to Twitter - with some good message of course. Then use Get Free Followers to boost Retweets on those.
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