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Some investors struggle to recognize price patterns like flags and triangles. And it can be even more difficult to understand when these patterns complete and how to project possible exit points, or price targets, based on them. In this video, well focus on the ascending triangle price pattern and teach you how to identify it and use it to help project a price target. Lets start by identifying the pattern. This is what an ascending triangle looks like. Notice how the stock price comes up and meets its resistance level and then bounces down to produce these lows. Each resistance level is at an equal height but the lows are getting higher and higher. These higher lows suggest that momentum is building at higher levels, which may be enough to push price through resistance. The pattern is complete once it finally breaks resistance. Now that you know how an ascending triangle forms, lets discuss using this pattern to help determine a possible price target. To do this, first look at the s
