Day Tradexchange Inc. (SYNJ)

[Backstabbed]

everyone should seriously stop saying that tomorrow is the day we go green. Every stock will trade sideways after a huge run for a couple of weeks. It is expected.

Especially if the chart is forming what could possibly be called a cup and handle. If you look at a yearly chart, you will notice that a cup and handle is being formed.

Usually, a good handle takes about 4 to 6 weeks to form after the high on the right side of the cup.

It is still forming.

http://stockcharts.com/h-sc/ui?s=SYNJ&p=D&yr=0&mn=9&dy=0&id=p16295817821

The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont