InvestorsHub Logo
Followers 21
Posts 948
Boards Moderated 0
Alias Born 12/11/2010

Re: best bet post# 9246

Sunday, 07/17/2011 1:00:28 PM

Sunday, July 17, 2011 1:00:28 PM

Post# of 19899
here you go best, ive actually been posting about the TADF cup and handle pattern since it completed the cup portion in early may. there are alot of new faces here on the board, so i have included the TADF chart below. TADF has been working on this explosive pattern since December 2010. The cup took about 6 months to develop. If you notice it has a perfectly rounded bottom, and the left & right side of the cup both topped out at the .0045 range. the handle portion is still ongoing, but if you notice on friday it broke out of the 2 month handle (descending channel). This could be the spark that slowly takes it back to the .0045 - .005 range, a break of this area will be extremely explosive. Cup and Handle patterns come in all shapes and sizes, if you do a Google image search for "cup and handle pattern" you will see several types of variations. But for the most part it is characterized by a rounded bottom taking several months to develop, and a handle that can also take several months to develop, and usually falls to roughly half of the depth of the cup. If you notice TADF handle fell to rougly half of the depth of the cup. I recently invsted in another Cup & handle play which i mentioned here on the board a few months ago. LTS, which i also posted the chart below. Also has a textbook CnH pattern, just like TADF. if you notice the handle took 3 months to finally breakout. It had a few false starts, but when it finally broke out it did it on heavy volume and it steadily rose for a month. The TADF merger with tac-air and the pending government contracts could be the catalyst that TADF needs to break it out of this pattern. (please see the TADF chart below, and the LTS chart below that) GLTA

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.