Wednesday, April 26, 2006

Amateur Investors Stock Chart of the Week

A stock from our current Top 100 Stocks to Watch List which has completed the right side of a 2 year Cup is COEUR D ALENE (CDE). CDE now needs to develop a Handle over the next few weeks to complete a favorable Cup and Handle pattern.




Remember Cup and Handle patterns can lead to explosive moves in a stock when it breaks out. For example ZORAN (ZRAN) broke out of its Cup and Handle pattern on April 20th and then made a significant upward move on Tuesday April 25th and gained over $6 in one day.



ZRAN was featured by us in our Daily Breakout Report for April 20th at
Amateur Investors

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