Whoa! isn't that a beauty? it's been forming a bullish cup and handle pattern. Upside is around P0.70 upon breakout and my personal target on this is at around P1.50. Isn't that exciting for a stock that closed at P0.55 last week before the trading suspension? Well, watch out. Trading is going to resume in 2 days...This I would love to play. Wednesday, January 16, 2008
Crown Equities, Inc.: A Jewel In the Making?
Today's bloodbath left a lot of charts dirty and ugly. However, there's at least one issue that was spared from the selloff. And that's because trading for this stock has been voluntarily suspended. As I study this chart, I initially saw a descending wedge pattern, a bullish signal. And then, when I zoomed out my chart, this is what I saw....
Whoa! isn't that a beauty? it's been forming a bullish cup and handle pattern. Upside is around P0.70 upon breakout and my personal target on this is at around P1.50. Isn't that exciting for a stock that closed at P0.55 last week before the trading suspension? Well, watch out. Trading is going to resume in 2 days...This I would love to play.
Whoa! isn't that a beauty? it's been forming a bullish cup and handle pattern. Upside is around P0.70 upon breakout and my personal target on this is at around P1.50. Isn't that exciting for a stock that closed at P0.55 last week before the trading suspension? Well, watch out. Trading is going to resume in 2 days...This I would love to play. 
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