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Re: The_Free_Nebula post# 6057

Tuesday, 10/11/2005 2:20:56 AM

Tuesday, October 11, 2005 2:20:56 AM

Post# of 20600
The_Free_Nebula: WOW!...You may have...

A Winner here!...Though I have no idea of the Funnymentals on this one...

The chart pattern is a beautiful cup and handle, and also an inverse head and shoulders...

The handle of the cup--if it breaks above the resistance of .0019 and .0033--by my calculations, could possibly yield up to .0055

.0033 minus .0011 equals .0022
add that to
.0033 and I come up with .0055

The double bottom just of the cup using the same formula should only yield to .0027 so breaking .0033 will take an amazing amount of volume to get through quickly...

The last large white candlestick that closed near the HOD is as you say, worthy of more white candles, but the volume must increase in order for this to happen, by a LOT!

Your chart is lacking many important Technical Indicators, but from what you have here, the RSI is double-bottoming, and ready to breakout up above 60, which is very bullish if it does, and still will be nowhere near overbought...The MACD is also bullish, with a crossover to above zero about to happen if the pps continues up...

This one is now on my watch list!
Keep them Coming...and Thanks!
SA: Please! post one of your charts on this one, with All the TA Indicators, and your commentary...TIA




PowerPole >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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