NOD nomad building solutions limited

is this a breakout ? potential 120% profit

  1. 2,353 Posts.
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    NOD,

    Having difficulty posting a chart ATM. But this is what I see.

    Has a long term resistance level of .685. From about 5/11/08. Broke that today .695 and finished right on resistance.

    Weekly chart, 1 year, shows perfect cup and handle

    I also have it breaking a long term descending resistance line from 16/9/08 - 4/8/09.

    Next level of resistance is 1.50. That is potentially a 120% profit.

    I would appreciate any comments or charts.

    cheers
    Ange
 
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