maybe i am seeing what i want to see. but invers H&S? No position yet
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SpencerWho?
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There is a multi year uptrend that started on March 2009. In August of 2012 it broke down but in March of 2013 broke back up that trend again....right now its setting on support with that trend at $1.59... Now on June 2010, July 2011, and April 2013 $1.74 became a new flat breakout point. The stock has rallied thru that once on Oct 2011 and went to $2.95.
I believe $1.74 is a major resistance level. I think the next time they report which is in August it will parallel the chart and we will see a major breakout.
I believe $1.74 is a major resistance level. I think the next time they report which is in August it will parallel the chart and we will see a major breakout.