3SOF

Melf Elf · February 03, 2006, 06:17:15 AM

Quote from: Lucas Scott on February 03, 2006, 03:12:11 AM
I have a double position right now. But I like the chart so much I might take a third. I'm a glutton for good charts.

Luke,

I can see why you like it so well. Applaud for the pick. I'd be surprised if CUP doesn'nt make the 4.00 Symmetrical Triangle target, but I've been surprised before.

The pattern breakout was just a hair under 2.84, which was the January 19 and 20 highs. On the pullback so far, the low is 2.90, so buyers haven't been allowed in at the breakout price. I view it as more bullish if new buyers can't have it at 2.84, but if 2.90 breaks, it's still bullish.

2.84 Support:

1. 2.84 is horzontal and breakout support.

2. 2.835 is the top of the Kumo (Cloud)

2.71-2.73 Support:

If 2.84 doesn't hold, and If we're in an A-B-C correction,

1. C equals A at 2.73.

2. The top of the Symmetrical Triangle comes in today at about 2.71. .

3. The 50DMA is at 2.724.

The chart looks great, and looks like a gift on any pullback to 2.71-2.84.

Good luck!

422fwhp · February 03, 2006, 12:08:37 PM

Nice, very nice. I think I saw this in another thread too...nice cup and handle.

On for the ride.

Terliso · February 03, 2006, 02:19:07 PM

I can't believe that i got in @ low of day on this one
I'm IN @ 3.05

Terliso · February 03, 2006, 02:35:56 PM

I'll post a chart later

why i bought CUP? applaud people!!!

fous · February 03, 2006, 03:11:48 PM

Ay MAMA MIA!!!!!! count me in

Thats one sexy ascending triangle

-fous man rockin this one

calven · February 03, 2006, 05:28:11 PM

Breakout!!

metro · February 03, 2006, 06:34:15 PM

Up 40% and heard just today the briefing com trader service just recommended it. I know Rev Shark at Real money bought today - they are late but will help move it higher. Will likely be very good year for gold copper sugar uranium palladium etc...

The general stock rally may end by March but maybe commodities will still be good during the spring summer pullback

Lucas Scott · February 03, 2006, 06:37:37 PM

Uh oh Fous(c) is in, time to sell!

jk. I did sell one of my positions today near the close ($3.52), but it had nothing to do with Fous. Closed at the top of the ascending triangle on my chart, so seemed a good place to take some profits, and I still have one position going. Man, CUP was going to be my pick for the contest but I changed my mind on the last weekend. Oh well. GO CUP!!

Terliso · February 04, 2006, 12:25:03 AM

Quote from: Terlisa on February 03, 2006, 02:19:07 PM
I can't believe that i got in @ low of the day on this one
I'm IN @ 3.05

Great, Great, Great

I believe CUP will continue to rally next week, very strong close for today's session

I'll leave a chart a to study

goodluck holders

Holygrale · February 04, 2006, 12:32:53 AM

Yahhhhoooooooooooo...............

Terlisa, you too nailed the low.........Nice.

I still cant believe I pegged the low at $3.05 for 10k shares this morning..............me very happy.

Nice play, with room to grow............nice

Terliso · February 04, 2006, 12:50:26 AM

Quote from: Holygrale on February 04, 2006, 12:32:53 AM
Yahhhhoooooooooooo...............

Terlisa, you too nailed the low.........Nice.

I still cant believe I pegged the low at $3.05 for 10k shares this morning..............me very happy.

Nice play, with room to grow............nice

Ha ha ha...Good for us Holygrale

422fwhp · February 06, 2006, 02:53:01 PM

I'm happy with $3.19

Great job.

Terliso · February 07, 2006, 02:22:33 PM

I'm out yesterday @ 3.86..

Holygrale · February 07, 2006, 11:37:58 PM

I'm out to @ $3.62............

Terliso · February 07, 2006, 11:45:44 PM

Quote from: Holygrale on February 07, 2006, 11:37:58 PM
I'm out to @ $3.62............

You too huh...

I knew CUP will go down because it went up from 3.05 to 3.95 in two sessions.. that's 29.51%
so i decided to get out.. good profit holygrale

I even put a limit sell order that day @ 4.00 only five cents away.. almost

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