Possible .0655 bounce coming with a trading patter
Post# of 56323
Posted On: 05/14/2014 5:00:44 AM
Possible .0655 bounce coming with a trading pattern developing that is similar to trading activity that occurred through the week of 4/10 - 4/16
Short term,SMA20 .0785 and SMA50 .0784 crossover on 5/13/14 with .0782 close showing (CMF) accumulation along with multiple .0780 support indicates Wednesday trading moving above .0790 however daily charts show longer term trendline .0661-.0655 bounce which is supported by both the SMA100 and EMA100 and 4/16 and 4/17 high/lows further indicating .0655 support pricing and likely bounce occurring in the coming week - ten days.
Short term,SMA20 .0785 and SMA50 .0784 crossover on 5/13/14 with .0782 close showing (CMF) accumulation along with multiple .0780 support indicates Wednesday trading moving above .0790 however daily charts show longer term trendline .0661-.0655 bounce which is supported by both the SMA100 and EMA100 and 4/16 and 4/17 high/lows further indicating .0655 support pricing and likely bounce occurring in the coming week - ten days.
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