The bullish Inverse Head and Shoulders formation scenario for MSOS strengthened markedly overnight with a clear breakout (see chart below).
On the basis of this breakout, and assuming MSOS doesn't reverse course tonight, I'm anticipating a big upward move by IHL when it comes out of its trading halt. I'll take a stab and say 27-30c at the close on Monday with an outside chance of 30c+.
CHART Thread, page-2710
-
- There are more pages in this discussion • 292 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)