RED 2.41% 40.5¢ red 5 limited

red indicative open 15.5 cents ?, page-10

  1. 10,142 Posts.
    lightbulb Created with Sketch. 139
    im not much of a charist .... but .....

    i sought of see a cup and habdle type pattern forming.

    looks like a cup between november 2009 and 14th april 2010.

    share price dropping and if it picks up again will form the handle.

    http://www.investopedia.com/terms/c/cupandhandle.asp

    and hopefully once price passes 19.5 cents we get a break out as seen in:

    http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont

    and found another website just to fluff this post up a bit more

    http://www.trending123.com/patterns/cup_and_handle.html


 
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