
Cup and Saucer is a technical pattern and good trading opportunitiy. This usually takes place after some tiring (read as boring) period for the stock. Sirius XM Radio as shown below has the pattern in making with a nice saucer and a handle formation. At the current rate of $0.50, this can be traded with a 5 cents risk (stoploss @45 cents)

As always, a stoploss is strongly recommended.

As always, a stoploss is strongly recommended.
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