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trader53

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trader53

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Re: None

Tuesday, 04/06/2010 4:12:44 PM

Tuesday, April 06, 2010 4:12:44 PM

Post# of 64333
The Revers H&S Pattern can be measured to forecast a possible move to .26c at a minimum.

This is done by taking the difference between the "Neckline" of .18c, and the "Head" of .10c, which gives you .08c

You then add the .08c to the .18c neckline and arrive at .26c for a short-term target.

http://www.thehotpennystocks.com/Learn-To-Trade/reverse-head-and-shoulders-pattern.aspx

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p25844423853
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