Showing posts with label cup and handle stock chart pattern. Show all posts
Showing posts with label cup and handle stock chart pattern. Show all posts
Wednesday, January 25, 2012
Power-One (PWER) Stock Chart Analysis Video
The PWER chart is making a strong move off bottom support and now consolidating in a cup and handle chart pattern. Technical traders will be watching for resistance to fall in the area of $5 with a potential to reach recent highs of $6 should the resistance fall and signal a pattern breakout.
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