Replies to post #7108 on Hemi Energy Group Inc. (fka HMGP)

[Firebird400]

Investorstallone,
That is a very impressive chart. Above both 50 and 200 day avgs with the forming handle. Not easy to find this type of setup. It's usually explosive to the upside. We shall see soon enough. F

[Gigantus]

The right hand side of the cup, CANNOT exceed the left side!!! Not a valid cup & handle formation.

More on this can be found at IBD, (William J Oneill, C&H king.)

Still a very nice chart, but not a cup & handle.