Friday, September 24, 2010

C&O Pharm 24-Sep-10 (Update on previous Buy)

Prices have hit passed previous TP of $0.48. Currently still holding long and adjusted TP to $0.62 to test long-term uptrend resistance line (Purple line).

Short-term wise forming an ascending triangle (Blue line) from which a break-out is expected.

Entry Price: 0.42
Target Price: 0.62 (48%) (Adjusted)
Stop Loss: 0.48 (Adjusted)

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