Posted by: fortunefaded May 1, 2009
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eminitrader,
two questions:
First, I am trying to learn about the cup and handle pattern you are referring to. What time frame are you looking at it? Hourly, Daily, weekly etc.
Second,
I would like to request you have a look at FEED. I have been looking at this stock for some time and I know it is under $5 but it looks quite promising. I have attached a chart below. You can see that the stock has rallied every time it bumped into the 100-day MA. It looks like it's going to hit it again tomorrow. A bounce from that might give it some upward momentum on the short run. What do you say?
regards, FF
two questions:
First, I am trying to learn about the cup and handle pattern you are referring to. What time frame are you looking at it? Hourly, Daily, weekly etc.
Second,
I would like to request you have a look at FEED. I have been looking at this stock for some time and I know it is under $5 but it looks quite promising. I have attached a chart below. You can see that the stock has rallied every time it bumped into the 100-day MA. It looks like it's going to hit it again tomorrow. A bounce from that might give it some upward momentum on the short run. What do you say?
regards, FF
Last edited: 01-May-09 01:48 AM