Epke
Long

Another perfect cup and handle pattern chart

NASDAQ:HTBX   HEAT BIOLOGICS INC
65 2 0
I have no position in $HTBX because I'm in $WGBS but this one is forming a great cup and handle pattern.
If this can break 1.41 this will run crazy
This is called a high handle. Your left cup is at 1.18 and your handle starts at 1.40 which 18% above the left cup. William O'Neal, who first identified this pattern, said that for a high handle the handle should be no more than 5% above the left cup, so according to his guidelines, this is not a valid cup and handle. I see you like identifying cup and handle chart patterns, so take a look at http://www.breakoutwatch.com, we identify many of them every day.
Mike Gibbons ((mike@breakoutwatch.com))
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Thank you for your information.. but it had nearly the same or the same spike potential like a "real" cup and handle pattern..
Today it broke 1.41 and went up to 1.90 congrats to all who bought down there.
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