Posted On: 06/27/2014 2:58:53 PM
Post# of 776
RSH Alert: Clue #2 -
RSH closed @ 0.935 on Thursday………..RSH opened @ 0.96 on Friday………the HOD(high of day) on Thursday was 0.0.9466……..the LOD(low of day) on Friday so far is 0.0955……..the space between HOD on Thursday & LOD on Friday has created a Gap on the daily chart……….this is important, because the gap higher open on Friday has set up the potential for a bearish reversal pattern to form……….one of the things chartist look for after a multiple day run is a gap higher open……..the saying goes, "Gap Higher Opens Are For Selling"…………….$$$
RSH closed @ 0.935 on Thursday………..RSH opened @ 0.96 on Friday………the HOD(high of day) on Thursday was 0.0.9466……..the LOD(low of day) on Friday so far is 0.0955……..the space between HOD on Thursday & LOD on Friday has created a Gap on the daily chart……….this is important, because the gap higher open on Friday has set up the potential for a bearish reversal pattern to form……….one of the things chartist look for after a multiple day run is a gap higher open……..the saying goes, "Gap Higher Opens Are For Selling"…………….$$$
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