USU Weekly Chart: Unbelievable week for USU……â
Post# of 776
Posted On: 07/02/2014 11:36:16 PM
USU Weekly Chart: Unbelievable week for USU………remember this is a weekly chart, so this weeks candle will not set until the closing bell @ 1:00 pm on Thursday…… ….
Currently USU is on run resembling July 2013……..take a look at the giant move USU made the 4th week of July 2013………USU hit the 100 day moving average resistance level, but was unable to break & after consolidating pulled back……….the 100 DMA @ 9.99 resistance broke on Wed……..the KEY for USU tomorrow is to close above the 100 DMA………that would be a change in trend……after hitting MA(200) the 4th week of July back in 2013 USU consolidated for 5 weeks before pulling back……….. …..
IF USU CLOSES ABOVE THE 100 DAY MOVING AVERAGE ON THE WEEKLY CHART FOR THE WEEK IT CANNOT BE OVERLOOKED……….
Parabolic SAR Bullish flip this week………….ADX Line w/ +DI & -DI Bullish Crossover this week……..MACD Line pointing north………Phat MACD Histogram Bar formed this week……….Huge Up Tick on Accum/Dist (when it sets if USU closes bullish tomorrow)………..Fast Sto & RSI are in the POWER ZONE……….
The Most Important Indicator that Should Not Be OverLooked -
THE MONSTER 38.5 MILLION GREEN VOLUME BAR………..NOTHING LIKE RECORD VOLUME TO INSTILL CONFIDENCE…………..
A rushing torrent carries boulders on its flood
Such is the energy of its momentum.
Sun-tzu
http://stockcharts.com/h-sc/ui?s=USU&p=W&...8531305178
Currently USU is on run resembling July 2013……..take a look at the giant move USU made the 4th week of July 2013………USU hit the 100 day moving average resistance level, but was unable to break & after consolidating pulled back……….the 100 DMA @ 9.99 resistance broke on Wed……..the KEY for USU tomorrow is to close above the 100 DMA………that would be a change in trend……after hitting MA(200) the 4th week of July back in 2013 USU consolidated for 5 weeks before pulling back……….. …..
IF USU CLOSES ABOVE THE 100 DAY MOVING AVERAGE ON THE WEEKLY CHART FOR THE WEEK IT CANNOT BE OVERLOOKED……….
Parabolic SAR Bullish flip this week………….ADX Line w/ +DI & -DI Bullish Crossover this week……..MACD Line pointing north………Phat MACD Histogram Bar formed this week……….Huge Up Tick on Accum/Dist (when it sets if USU closes bullish tomorrow)………..Fast Sto & RSI are in the POWER ZONE……….
The Most Important Indicator that Should Not Be OverLooked -
THE MONSTER 38.5 MILLION GREEN VOLUME BAR………..NOTHING LIKE RECORD VOLUME TO INSTILL CONFIDENCE…………..
A rushing torrent carries boulders on its flood
Such is the energy of its momentum.
Sun-tzu
http://stockcharts.com/h-sc/ui?s=USU&p=W&...8531305178
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