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Downtrend still in play even after rumor
At $5.02 + 0.10 cents official Cup n Handle BO.
Example of why MACD alone isn't useful
Opened small position in TSRO. At long term support here
Cup n' Handle BO at $5.12. Projected blue price line vs. time couple months ago. Good
Blue line projection has been holding well over past month
Perhaps at the vertex of its inverted parabolic structure
Looks short. Expect 12.17 then below <10
Last botm was -88% fib retrace. Current target of ~$8.90
Take the log of all available data and you will see the biggest reverse H&S ever.
Downtrend chart is consistent as it stepped down back into range after ER.
It had broken downtrend but got back in its lane after ER.
Will it break out of the handle to finally make a run to mid teens?
bullish wedge break. Form Cup & Handle & staying above 50 dMA. will it go?
Breakout of downtrend with cup n handle formation. Buy Point $7.25 w/ volume. 4 base count puts it at $15.03
Is the pattern repeating itself from 2000? $OPK
I suspect a $67 back test. Would be a good time to open position.
Downtrend intact. Failed back test from H&S breakdown. Reminds me of $GILD upon its breakdown from H&S. If long its a hold. If not in, I say delay purchase