September 7, 2008
TA - Amex. TravelCenters of America LLC. Another good example of a stock that has crashed from it’s ivory highs and now formed a very good base. The On Balance Volume indicator is strong and rising telling us that the buyers are accumulating the stock. Breakouts from formations such as this are known to produce large scale moves to the upside.
2 responses to "TA - Cup & Handle"
So with this analysis, should we buy the stocks of this american company?
Whether you buy a stock should be determined by your own trading plan.
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