Tactical Air Defense Services, Inc.(fka TADF)

[frodo_1978]

hey jyates, yea the pattern i still strong. It is currently still forming the handle portion of the cup and handle. This low volume sideways action is typical in the formation of handles. As you can see in the chart i posted below (from a few weeks back) that the pattern is as close to a picture perfect definition to a cup and handle as you can get. You can google images on cup and handle patterns and youll see different variations of it. BUt Tadf's cup and handle pattern, which it has been forming since december is as solid as it gets. You can clearly see a rounded bottom which took several months to form, and the lid is perfect as the right and left side of the cup start and end at the exact .0045 price point. This is one of the most reliable and explosive formations out there. You can see that it is currently forming the handle on textbook low volume sideways action. A close above the .0045 - ,005 region will confirm a breakout of the pattern and resume the epic run. Also if you notice, tadf will most likely see a 50/200 day cross later this week, this is also a very bullish technical event. These are just a few of the many bullish technical indicators that i have discussed over the past few weeks. GLTA

http://investorshub.advfn.com/uimage/uploads/2011/5/17/xersxtadf.JPG