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Technicals

Ascending Triangle (or Rising Triangle)

A fundamental concept in finance, the ascending triangle is a chart pattern characterized by a succession of higher lows and relatively stable highs. This pattern is seen as a bullish indication when the trading volume increases during the upward trends. Its completion is marked by a breakout above the resistance level. As a knowledgeable professor, I recommend keeping an eye out for this formation in your financial analysis.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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