Wednesday, September 7, 2011

Blockbuster (BLOAQ) Technical Stock Chart Video

Rising from the depths of 2 cents, Blockbuster has found new support levels and higher lows in the area of 7 cents. Possibly forming a cup and handle continuation pattern, resistance isn't strong for roughly a 50 percent upside to $0.115. Technical traders will be looking to see if support continues to hold as the chart seeks to continue to recover losses and gain more momentum.

Distributed by Viestly

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