GREY:CLLZF - Post by User
Post by
leveraged1on Apr 18, 2014 7:29am
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Post# 22466965
Cup and Handle formation
Cup and Handle formationCLL one year chart. From 33 cents last summer to now is a perfect cup formation. If there is a small pull back now (handle formation) according to this theory follwing its formation will be a breakout ( equal to hight of cup 34 - minus low 17= 17 cents). That takes us to ( 34 + 17 = 51 cents) . I will be out at 50 cents.