Tuesday, December 9, 2014

Dalradian TA playtime

Here's Dalradian:

That's an inverse head and shoulders forming.

Taking $0.48 as the bottom and $0.72 as the neckline, a break of $0.72 with volume will give you a target of $0.96.

Unless you use logarithmic prices, in which case the target is $1.10.

If you believe in that TA crap.

Disclosure: I own some Dalradian, and even some Feb 2015 warrants what the hell was I thinking.

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