Seeing Machines Ltd forms bullish "Diamond Bottom" chart pattern Mar 07, 2014 Recognia has detected a "Diamond Bottom" chart pattern formed on Seeing Machines Ltd (SEE:LSE). This bullish signal indicates that the stock price may rise from the close of 7.55 to the range of 9.30 - 9.70. The pattern formed over 23 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis. Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. The Diamond Bottom pattern begins during a downtrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the lows start trending upward. When the price breaks upward out of the diamonds boundary lines, it marks a significant reversal to a new uptrend. This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology. There is a graph also but i cant cut and past that because its linked to me email account
had a good day
my shares , 26515 are in and refund due in account tomorrow , no complaints
Has Everyone got their 5p shares
Cause I'm still waitin!!!
Hi I ve done some research, but I d like to hear some other voices about this company with huge potential. I m in SEE cause of big future ahead. Do you think CAP can be as big as SEE? Thanks for your views.
RE: Good support @ 7p
Agree......negotiated trades only currently so has to move.
Good support @ 7p
Encouraging that we keep seeing strong support around 7p when the SP tests these levels. If this keeps repeating we're going to be back on the move northwards.
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