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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (35)3/24/2008 1:03:24 PM
From: patron_anejo_por_favor  Read Replies (1) of 3209
 
Left lip of the cup 06/01, right lip 04/07, handle 04/07 to present.....

Cup and handles don't always form at alltime highs, and given the time since prices were higher than the formation (> 8 years) I think it's valid. Needs to break out anyway to be meaningful and that hasn't happened (though it's close). Measures to about 170.

(Sorry I don't know how to free draw in Stock Charts, I could've made it clear on the original post).
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