Let's Talk TA

by **badziebear** » Tue Apr 12, 2011 10:26 pm

Is DMC forming a valid cup and handle pattern?

I'm not quite sure on the handle in question though? Butterfly?

Any comment would be greatly appreciated. Thanks

by **tarantrader** » Thu Apr 14, 2011 11:18 am

It's possible but a cup & handle is hardly formed in just one month. The bigger chart would look more correct.

by **yeahbah** » Tue Jun 28, 2011 8:52 am

Resistance break

by **jcptraders** » Fri Sep 30, 2011 10:59 am

Completed Bullish butterfly? except that it has a double top at Point A. But anyway it did reverse from 31. It has a popgun candle formation also.

by **betheone** » Fri Sep 30, 2011 3:36 pm

Yes, looks like the butterfly has hatched and is ready to fly

No worries about the "double top" at pt. A, that was probably the reason why the price dropped to pt B. Go DMC, naka pwesto na ko hehehehe

by **sir_yoso** » Thu Nov 24, 2011 2:02 pm

Any DMC Holder's around?

DMC (DMCI Holdings, Inc.)