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Re: Epic post# 31162

Monday, 05/30/2011 3:56:49 PM

Monday, May 30, 2011 3:56:49 PM

Post# of 52591
hey Epic, nice chart you got there. I totally agree with you, TADF has alot going for it, aside from fundamental reasons for the rise, their are several key technicals that are screaming buy on this one. It has been trading above the 50 and 200 day ma for quite some time now. 200 day, like you said, has been holding incredibly strong. It will probably see a 50/200 day cross next week. Also the 50% fibonnacci retracement level held very well. And it just broke out of a two week descending channel on friday. There are so many to name now but the most important in my mind is that it is on the verge of breaking a cup and handle pattern that it has been forming since december 2010. I have included 3 links to my charts below. I would really appreciate some feedback; i also visited your site, i really like what you do, keep it up, good luck. (click charts to enlarge)
Cup and handle pattern
http://investorshub.advfn.com/uimage/uploads/2011/5/17/xersxtadf.JPG

Breakout of 2 week descending channel
http://investorshub.advfn.com/uimage/uploads/2011/5/27/qyqwttadf_5.27.11.JPG

Fibonacci retracement
http://investorshub.advfn.com/uimage/uploads/2011/5/28/cjdvytadf_weekend.jpg

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