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To: orkrious who wrote (255522)6/19/2010 9:34:28 AM
From: ajtj99Respond to of 306849
 
It's just a cup/handle breakout measurement. Often times in such a breakout you'll get a move half-way to the target, back-test the breakout, then continue on to the target.

These are sometimes topping formations, but the set-ups I'm seeing in individual gold stock charts make it a very low probability that this is a fake-out set-up.