Posted On: 07/07/2014 12:56:45 PM
Post# of 777
NEWL Alert: BULLISH VOLUME SPIKE TODAY...............
One of the indicators to look for when charting a bounce play is a volume spike........as a stock drops most of the time the volume will decline w/ the share price..........as NEWL dropped the volume dropped as well........one of the early reversal signals is a volume spike after declining volume........that is/has happened today...........NEWL formed a double bottom @ 0.10 this A.M. and has proceeded to head higher.........we will be looking for a green candle or Doji today to form the reversal pattern......................$$$
http://stockcharts.com/h-sc/ui?s=NEWL&p=D...7263912575
One of the indicators to look for when charting a bounce play is a volume spike........as a stock drops most of the time the volume will decline w/ the share price..........as NEWL dropped the volume dropped as well........one of the early reversal signals is a volume spike after declining volume........that is/has happened today...........NEWL formed a double bottom @ 0.10 this A.M. and has proceeded to head higher.........we will be looking for a green candle or Doji today to form the reversal pattern......................$$$
http://stockcharts.com/h-sc/ui?s=NEWL&p=D...7263912575
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