Warning to all posters. Short term potential movements on these threads are primarily TA based and there is always the opportunity for adequate discussion on the methodology and results. Most often as with some of the posts on this thread the TA was accompanied by different possible scenarios dependent on confirmation or which way the price breaks. Please do not attack a posters TA posts or trheir reasoning unless prepared to provide an alternative rationale with some support in your post. Any posts that simply deride another poster will be moderated and if they continue the poster will be asked to have a holiday.
Room for all inputs and again if you don't understand something please don't make after the fact insulting posts.
I don't want to enter into the TA arguement but I think some posters have nailed this very well. From rounding bottoms and cup and handles the stock looks technically set for a break out. If for some reason it doesn't, it doesn't make the TA or the posters flawed. All the technical analysis can ever do is help put the odds in yoruy favour. That is why they are called indicators and not called certainties
NMR Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held
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