[goodtyneguy]

Cotton looks poised to break out into stage 2A with just a little near term resistance to overcome. Worth watching the price action to see if it sets up a pivot low below the break out level for a good R2R ratio for a trader play to the near term resistance. An investor play with a stop below the 40 dma would have a low risk of approx. 2.45 times the ATR200.

       

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I brought this one up in post 110 (HAWK.L) and said it had a good looking chart. It broke out on high volume the day after and even at this level is a low risk entry for an investor play. Also worth watching for a pull back entry near to the break out level. At under 9p a share it's worth a punt at what could be a gain of a few hundred percent of its purchase price.