Replies to post #1125 on lowtrade

[SEBASS]

Thanks lowtrade. No comments on TERN bottom ?

COP fell out of the channel due to energy sector falling hard on falling oil prices. Now it is time for them to bouce back and looks like TA is confirming that. Light crude bottom will is $55 so $60 or higher is here to say around for a long time. People thinking that it will drop back to $40 are dreaming. It won't happen. As far as software think about it. That would be a great idea. Computer with no problem could determine chart pattern and make an alert. It's a great business idea if it does not exist already.

[SEBASS]

lowtrade couldn't COP actualy be H&S top ?
where head would be at 70 and neck line would be at 60 and right shoulder to be formed yet?

http://stockcharts.com/education/ChartAnalysis/headShouldersTop.html