Superman88, gap-up, i dunno!!! but that 2 spikes that formed dated 111113 & 261113 are the tough resistance. If it gaps up to cross over 0.235, then price will re-test the res 0.255. If fails to break 0.255, price will retrace to close the void of 0.235.
This is a bullish formation of cup & handle & my TP1=0.27.
Same wavelength with kevin!!! Good Luck to all band of bros & sis here.. See u at 0.27 if all res can be got rid of.. first transit point based on the bullish formation of cup & handle..
Mcboamc, i know there is a formula but i have not studied in depth n sorry at this moment, i wont know. I believe kevin is an expert in ta from his expression, kevin, u know?
Kevin, i entered sumatec n stil linger in downtrend line. Suma needs to break two gapdown price n once 0.40 is broken, sky is blue. My first tp0.48. But m worried as it is a pn17.
here for a short while, singing :) Will you still love me when I'm no longer young and beautiful? Will you still love me when I got nothing but my aching soul? I know you will, I know you will I know that you will Will you still love me when I'm no longer beautiful?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CityTrader
8,151 posts
Posted by CityTrader > 2013-11-29 17:19 | Report Abuse
Superman88, gap-up, i dunno!!! but that 2 spikes that formed dated 111113 & 261113 are the tough resistance. If it gaps up to cross over 0.235, then price will re-test the res 0.255. If fails to break 0.255, price will retrace to close the void of 0.235.
This is a bullish formation of cup & handle & my TP1=0.27.