Monday, June 8, 2009
Cup and Handle
ESRX came up on the default scan this morning (at 11:00 Eastern time). I noticed it appears to be forming up a small cup-and-handle pattern for about the past 6 weeks. Accumulation took a nice shot in the arm off the low of the handle. There is some potential overhead supply from back in 2008, unless it all got flushed during the decline.
// posted by gigascanner @ 8:49 AM 
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