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Thursday, February 23, 2006 1:38:02 AM
RECIPE 2: PHST - Technical Analysis (Long View)
Sometime in the next few months PHST should do what it has been waiting to do for five years.... complete its gigantic cup and handle pattern, one of the longest in duration I have ever seen.
I expect that the move through $2.50 could be magnificent in scale, to remain in sympathy with the previous PPS gyrations over time, 0.06 to $2.50 on the backside of the cup.
Sometime in the next few months PHST should do what it has been waiting to do for five years.... complete its gigantic cup and handle pattern, one of the longest in duration I have ever seen.
I expect that the move through $2.50 could be magnificent in scale, to remain in sympathy with the previous PPS gyrations over time, 0.06 to $2.50 on the backside of the cup.
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