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lowtrade

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lowtrade

Re: Gilbertorodz post# 44568

Thursday, 02/26/2015 11:43:00 AM

Thursday, February 26, 2015 11:43:00 AM

Post# of 47295
Rounded bottom. A cup & handle is a continuation pattern and requires previous up trend. Target calculations the same.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_continuation
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rounding_bottom_reversal

My opinion is it's way too emotional to expect continuation. Checked some back ground why all the excitement and found a weak company with strong reserves news.

I'd take profits if I had any.

Welcome to my mind!

Success to all
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