Saturday, July 16, 2011 6:48:34 PM
TADF: Imminent Cup & Handle breakout (chart)
TADF has been in the process of completing a cup and handle pattern since last December. On friday it broke out of the 2 month descending channel which is the handle portion of this pattern. Tadf can be on the verge of a very explosive move here, especially considering that the merger with tac-air is almost complete and several government contracts are in the pipeline. Possible 5 - 10 bagger in the making. (see chart below) GLTA
TADF has been in the process of completing a cup and handle pattern since last December. On friday it broke out of the 2 month descending channel which is the handle portion of this pattern. Tadf can be on the verge of a very explosive move here, especially considering that the merger with tac-air is almost complete and several government contracts are in the pipeline. Possible 5 - 10 bagger in the making. (see chart below) GLTA
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