The Faraj List of Exploding Stock Part 2.03

Mel,

Thanks for your note above. Maybe I am reading it wrong but the one year chart (Dec02-Dec03) to me shows the following:

Dec 2002 : Cup formation starting at 19p
March 2003 : Bottoming out at 12p
June 2003 : Cup completed at 19p
July 2003 : Handle comleted at 24p
Aug 2003 : Start of a new cup at 24p
Oct 2003 : Bottoming out at 18p
Dec 2003 : Cup completed at 24p

I appreciate that this may be my economical use of the facts and it is only my interpretation but all the same perhaps you can see the method in my madness here....