CCU cobar consolidated resources limited

broken through .30, page-9

  1. 2,213 Posts.
    sill, just to clarify I am bullish on the stock and I am not trying to be a smart arse, however I have been a technical analyst for over 20 years and I just dont see a "cup and handle" formation in CCU.
    CCU may be travelling down that direction but for a C & H formation either side must be of near equal height as per link provided.
    Very short term I think CCU will target the November high last year and very likely the 07 high, from there future price rises shall depend on silver price and company fundamentals
    http://www.investopedia.com/university/charts/charts3.asp
 
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