June 12, 2008
ROYL - Nasdaq. Royale Energy has formed a Flag Up following a sharp rise in price on a large increase in volume. The pattern has a measurable target price of around $15 that can be obtained by adding the height of the flagpole ($5.50) to the potential point of breakout ($9.50).
One response to "ROYL - Flag Up"
Looks like a failed one. It broke out, but no volume.
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