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Posted On: 03/21/2018 11:01:47 PM
Post# of 4081
Grizz, we did make a good call but what do we see ahead?
I think we may see some more down side or consolidation so I did an ACH transfer of funds and they will be available Tuesday. Hoping to pick up more cheapies.
This may be a stretch, but if tomorrow we open up and have a white candlestick, may be have a "Ladder Bottom Bullish".
How to Identify it
Three black days occur with consecutively lower opens and closes
The fourth day is black with some upper shadow
The fifth day is a white day that opens above the body of the fourth day
What it Means
In a considerable downtrend, the shorts may have a chance to sell and take in any profits by the fourth day. This results in a gap upward on the fifth day. If the body of the fifth day is long, or the volume of trading is high, a bullish reversal has likely occurred.
Lets see what happens Thursday.
I think we may see some more down side or consolidation so I did an ACH transfer of funds and they will be available Tuesday. Hoping to pick up more cheapies.
This may be a stretch, but if tomorrow we open up and have a white candlestick, may be have a "Ladder Bottom Bullish".
How to Identify it
Three black days occur with consecutively lower opens and closes
The fourth day is black with some upper shadow
The fifth day is a white day that opens above the body of the fourth day
What it Means
In a considerable downtrend, the shorts may have a chance to sell and take in any profits by the fourth day. This results in a gap upward on the fifth day. If the body of the fifth day is long, or the volume of trading is high, a bullish reversal has likely occurred.
Lets see what happens Thursday.
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