Tuesday, December 9, 2014
Dalradian TA playtime
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.