Quote Originally Posted by mscott View Post
Pablo,

I am using TASR as my high-tight flag model for TSLA. Please see the attached powerpoint file that shows each stock on daily charts. Both meet the flagpole requirement of up 100% or more in 8 weeks or less. Both push the flag pullback a bit by exceeding the 20% pull back requirement. I have seen many work with up to 29% pullbacks. Both established a lower entry point than making a new high by establishing a lower resistance point. Both pulled back below the buy point and then went on to make new highs. So I believe that TSLA is falling within the parameters of prior successful high-tight flags. JDSU in December 1999 was a HTF that also shows the concept of establishing a lower entry point than the highest high.

Attachment 19355
I have also found a pamphlet that may be of use to you Pablo. The attached pamphlet describes high tight flags and ascending bases. If shows the requirements of each pattern as well as has many examples of each.

AscBase_HTF_Booklet.pdf