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Alias Born 12/18/2010

Re: BOMBER post# 419

Tuesday, 01/18/2011 10:50:13 PM

Tuesday, January 18, 2011 10:50:13 PM

Post# of 1175
Good catch Bomber! I have to admit that I didn't see this pattern forming.

If this is indeed an inverted head & shoulder formation then the buy signal would be at about 26.5 cents which at that point would signify an upside breakout for this type of pattern. The breakout expectation would then be at around 36 cents (difference betweeen the neckline and the lowest part of the head which is then added to the breakout signal price). However, who knows how significant the breakout could potentially be.

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