IACH Multiple Time Frame Charts: Forming a Bullish
Post# of 777
Posted On: 06/27/2014 1:20:37 PM
IACH Multiple Time Frame Charts: Forming a Bullish Reversal Pattern today in the 200 DMA @ 0.0017 support zone on the daily chart………..Fast Sto @ 4.60 on the daily chart……..extreme oversold levels……looking for an up tick on Accum/Dist today………
Remember, the daily chart will not set until the closing bell……today's pattern can & will change, but right now a Bullish reversal pattern is forming………so far today Bullish Harami, Bullish Harami Cross & Bullish Homing Pigeon have been forming……..early pattern recognition is the key to success……
As I mentioned yesterday the safest way to play IACH would be to wait for the Bullish reversal pattern to form……….presently IACH is in the "forming" process……..during the "forming" stage there is the possibility for greater reward, but there is also more risk…………the Bullish reversal pattern can be detected 1st on the intraday charts…….I highly recommend tracking IACH on the intraday charts………..be sure to use the Parabolic SAR….
Parabolic Indicator
Definition of 'Parabolic Indicator'
A technical analysis strategy that uses a trailing stop and reverse method called "SAR," or stop-and-reversal, to determine good exit and entry points.
http://www.investopedia.com/terms/p/parabolicindicator.asp
Good things will more than likely happen when SAR bullish flips on the 1 hr. chart……SAR on the 30 min. chart is setting up for a flip…….SAR on the 15 min. chart had a bullish flip today, but is setting up for a bearish flip………more than likely when the 1 hr. chart SAR flips it will signal good times ahead……..@ least short term trading good times………..very important to always remember that penny stocks are for trading…………..$$$
http://stockcharts.com/h-sc/ui?s=IACH&p=D...2538743627
http://stockcharts.com/h-sc/ui?s=IACH&p=6...9502102752
http://stockcharts.com/h-sc/ui?s=IACH&p=3...5541126856
http://stockcharts.com/h-sc/ui?s=IACH&p=1...6962836067
Remember, the daily chart will not set until the closing bell……today's pattern can & will change, but right now a Bullish reversal pattern is forming………so far today Bullish Harami, Bullish Harami Cross & Bullish Homing Pigeon have been forming……..early pattern recognition is the key to success……
As I mentioned yesterday the safest way to play IACH would be to wait for the Bullish reversal pattern to form……….presently IACH is in the "forming" process……..during the "forming" stage there is the possibility for greater reward, but there is also more risk…………the Bullish reversal pattern can be detected 1st on the intraday charts…….I highly recommend tracking IACH on the intraday charts………..be sure to use the Parabolic SAR….
Parabolic Indicator
Definition of 'Parabolic Indicator'
A technical analysis strategy that uses a trailing stop and reverse method called "SAR," or stop-and-reversal, to determine good exit and entry points.
http://www.investopedia.com/terms/p/parabolicindicator.asp
Good things will more than likely happen when SAR bullish flips on the 1 hr. chart……SAR on the 30 min. chart is setting up for a flip…….SAR on the 15 min. chart had a bullish flip today, but is setting up for a bearish flip………more than likely when the 1 hr. chart SAR flips it will signal good times ahead……..@ least short term trading good times………..very important to always remember that penny stocks are for trading…………..$$$
http://stockcharts.com/h-sc/ui?s=IACH&p=D...2538743627
http://stockcharts.com/h-sc/ui?s=IACH&p=6...9502102752
http://stockcharts.com/h-sc/ui?s=IACH&p=3...5541126856
http://stockcharts.com/h-sc/ui?s=IACH&p=1...6962836067
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