Thursday, August 13, 2009
Biosensors
 Potential cup with handle chart formation. Breakout point is 58 - 58.5 cents. * Volume tends to parallel the price formation. During the handle formation, watch for the price and volume to increase. An increase in volume is an indication that the pattern has potential to continue the uptrend, and ascend beyond the right side of the cup. * Not all cup with handle chart formation will breakout upside. Not an inducement to trade. |
posted by stockpicking at 7:18 PM
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