Replies to post #3495 on Universal Property Development Corporation (fka UP

[OTCPlayers]

Short answer: I have been around a while (knowledge from technical analysis, experience and comprehension of the financial markets)...


Long answer: (sorry - I do not have time to go into greater detail with my own explanation at this point - have some where to be in a few mins..) Although it will serve you well to spend some time this evening learning about "ascending channels". I will provide you a link that will get you started..


http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:price_channel_contin

[lukin4winners]

If you look at HTOG and UPDV chart they mirror each other except for the breakout of HTOG which I believe UPDV will approximate in the next few sessions. The break of .01 will be huge as it was in HTOG then highs coming.