Ballard Power Systems Inc.
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Cup and Handle pattern in Ballard Power Systems

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Ballard power systems have created a bookish Cup and Handle pattern on its charts. Both the cup and handle have been formed. It needs a daily closing above $3.11 for confirmation of entry. The targets are 4.65, 6.35 and 9.45 almost 3 times the current price. The SL should be kept around $2.85. Another positive thing is that the daily RSI has gone past 60 (For educational purposes only)

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