MCP 1.23% 41.0¢ mcpherson's limited

cup and handle almost there

  1. 128 Posts.
    Hi All,

    Just saw a brief mention of MCP in a Share Cafe article so I thought I check it out. Amazingly, it appears to be on the verge of a cup-handle pattern (McNeil's method).

    It would be interesting to see it break out on top to confirm the cup and handle. I've put some graphs 2year daily and 5 year weekly here: http://ozstock.blogspot.com/2011/02/technical-analysis-mcp-mcphersons.html

    Cheers.
 
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