Replies to post #419 on Oxigene Inc fka OXGN

[Lord Nitro]

Good catch Bomber! I have to admit that I didn't see this pattern forming.

If this is indeed an inverted head & shoulder formation then the buy signal would be at about 26.5 cents which at that point would signify an upside breakout for this type of pattern. The breakout expectation would then be at around 36 cents (difference betweeen the neckline and the lowest part of the head which is then added to the breakout signal price). However, who knows how significant the breakout could potentially be.