Thursday, June 23, 2016

SCC: Potential Toppish/Bearish Pattern

Semirara Mining and Power Corporation

A Complex Head-and-Shoulder Top pattern is potentially forming on SCC chart. This pattern is considered toppish with bearish bias (reversal pattern). A breakdown from this pattern will have a measured target price near 60~70 range.

Trading Plan
Avoid until the pattern has been invalidated.


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