OGC successfully completed a reverse head&shoulders pattern on...

OGC successfully completed a reverse head&shoulders pattern on the Canadian market, with a break out above the CAD$3.50 neckline this morning. From CAD$2.60 bottom of this pattern to the top of CAD$3.50 the height of head to neckline is CAD$0.90, suggesting a target of CAD$4.40 within 3 months.

So I expect OGC to reach AUD$4.50 before the end of 2010.

Hold on tight fellow travelers, the train is leaving the station.