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982 Posts.
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02/03/11
12:21
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mavo, dead right. And we have a bullish flag on the daily chart now ready to go.
The BLR weekly chart interests me in particular - it's got more cups than a lingerie department.
The cup and handle pattern is one of the best for the bulls. It's clear and reliable.
Th pattern marked CnH1 nailed its target to a "t".
The one marked CnH3 is the current setup and offers a target of 13.6c.
One more thing. The U3O8 selldown is over.
This link to the Uranium Participation Corp chart tells the story - it's a proxy for the uranium price.
http://finance.yahoo.com/q/bc?s=U.TO&t=3m&l=on&z=l&q=c&c=
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