vip,
that also makes this interesting to watch play out. Will it form a handle or just breakout. Timing of news could play a big part in that. The size of friday's move and closing a fair distance above the upper bb could favor the forming of a handle. Especially, since historically CTIX gets back inside the bb's very quickly.
Would be a nice spot for a bull flag too.
Thanks for the discussion vip and ee. Have a great finish to your weekend and Trade Green.
Cup and handle, waiting for the cup to form completely at 1.90 then a short handle and the way we go.
http://stockcharts.com/school/doku.php?st=cup...ntinuation
Quote:
BigKahuna Friday, 10/05/12 06:53:29 PM
Re: None