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Wiz_of_Oz

Breaks out of an inverted H & S pattern

Long
COMPUMEDICS LIMITED (ASX:CMP)  
Wiz_of_Oz Updated   
ASX:CMP   COMPUMEDICS LIMITED
Trend Analysis Chart Patterns CMP
2
0
trendanalysis chartpattern cmp
Don't be greedy and wait for the retest of the breakout level as this pattern is very unreliable
Comment:
It is back to the breakout level. Watch where it goes from here
Comment:
Be careful. There is a danger that this chart evolves into a double top pattern around $0.89c.
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