Tactical Air Defense Services, Inc.(fka TADF)

[frodo_1978]

Well guys, it seems as though the stage is starting to set itself up here. We have closed at .0033 for THREE straight days. The low .003's which coincides with the 200 day moving average has shown remarkable strength and support, as it has bounced 5 times off this line the last week and a half. The cup and handle pattern which TADF has been forming for the past 6 months is still in progress. the cup is completely finished. The handle is still in progress;; handles are usually characterized by a slow steady drift downward on average to low volume. I have added a link to an annotated chart below (just click on the pic to enlarge). If you see, TADF's handle portion has created a short term downward channel. I have extended it for the next couple of weeks. As TADF breaks the top line of that channel it should slowly begin its ascent towards the .0045 - .005 zone. A break of this zone will send it on its next leg up with heavy volume. I have also added support lines to the chart. the low 30's have been rock solid. The 27's show some medium support. The 25 are critical. The 25's have shifted from rsistance to support several times in the last three years. Then you have the 50 day as support, and finally the low 20's which it spent in that area for two weeks. GLTA

http://investorshub.advfn.com/uimage/uploads/2011/5/18/hlnvttadf2.JPG