Cup w/ Handles

[skiracer]

I've been watching this one for a week or so and looks like it's getting ready to debut at it's coming out party. I'm looking for an entry once it breaks 5.50. Made a nice move on Friday but seemed to have stalled a bit but still the .32 gain represents 6% on Friday. Big accumulation day as average daily volume is only around 14,000 shares per day and Friday's was around 138,000 shares.

[skiracer]

another one on my watchlist for coming out of it's handle somewhere here soon.

[IIC]

FYI...Our CwH and PoI lists are updated at http://SharpTraders.com
Please take a look...Thanks

PS...included Ski's LOV in our PoI list this week

[skiracer]

FYI...Our CwH and PoI lists are updated at http://SharpTraders.com
Please take a look...Thanks

PS...included Ski's LOV in our PoI list this week

well I'm moving up in the world.

[IIC]

well I'm moving up in the world.

Yeah...When one of your ideas appears at SharpTraders.com you've pretty much reached the top...

[skiracer]

Yeah...When one of your ideas appears at SharpTraders.com you've pretty much reached the top...

yes, the pinnacle, the summit, mt. everest, k-2, the big kahuna, the epitimey, and the crowning heights. i'm ready for the casket now that there is no more to achieve.

[IIC]

yes, the pinnacle, the summit, mt. everest, k-2, the big kahuna, the epitimey, and the crowning heights. i'm ready for the casket now that there is no more to achieve.

Good...Because it's all downhill from here

[skiracer]

Good...Because it's all downhill from here

as clint eastwood stated in The Unforgiven, "I'll see you in hell"

[jiesen]

speaking of which, I miss that old avatar of Rob's:

[IIC]

as clint eastwood stated in The Unforgiven, "I'll see you in hell"

Now you hurt my feelings

[skiracer]

Now you hurt my feelings

just kidding with you Doug. hell is the big slide all the way down.

[IIC]

just kidding with you Doug. hell is the big slide all the way down.

I'll try to get over it...If Lye was still around he'd tell you what a sensitive guy I am...LOL

[stojakapimp]

What do you guys think of OYOG?

I listed it in my candlestick thread because it's been declining and then had a bullish engulfing pattern a couple days ago, but it hasn't gone up yet much. But then I was looking at it and realized that it looks like the beginning part of a cup with handle.

Ski, I know that this is where you like to catch, when it's at the base of the cup, but what do you think of this pattern? Does it look promising at all?

[skiracer]

What do you guys think of OYOG?

I listed it in my candlestick thread because it's been declining and then had a bullish engulfing pattern a couple days ago, but it hasn't gone up yet much. But then I was looking at it and realized that it looks like the beginning part of a cup with handle.

Ski, I know that this is where you like to catch, when it's at the base of the cup, but what do you think of this pattern? Does it look promising at all?

I looked at the daily and at this point it would be to early for me. but it is forming what appears to be a cup base. I like to see them more uniform in the shape of the U and not to ragged in the channel of high points and low points as it forms that U shaped base. but this could work out and go on to form the right side of the cup base. it really is only a stock that has gone thru a uniform progression of highs and lows in finding it's bottom and then as things pick up does exactly the same procedure with the right side except up this time.

[IIC]

Our Cups w/ Handles and Patterns of Interest are updated at http://SharpTraders.com

Please take a look.

Thanks, Doug(IIC)