Monday, April 6, 2009

Zinc Cup & Handle Breakout


Here is the chart of Zinc Cup & Handle Breakout. What a beautiful formation has happened & after the BO it has taken the support at the Handle trendline & blasted as expected. I had given the hint long time back that this BO has happened and it can blast anytime.

Already got 3+ Rs in it and more to come..

Blue line is the long term TL and some selling can be seen only on the breach of this on closing basis............Watch out !!!

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