TCEL Alert: Wondering what the heck is going on w/
Post# of 776
Posted On: 07/24/2014 1:48:25 PM
TCEL Alert: Wondering what the heck is going on w/ the wild roller coaster ride?........
checkout my TCEL posts from last night................looks like a possible bull trap today.......checkout the long upper wick on today's candle.........shows profit taking.........bullish harami reversal pattern is currently forming, but the pattern can & will change...........remember, history has a funny & sometimes not so funny way of repeating...............
that said, volume has been very good on a green day........& I was surprised to see instant green after yesterday's big red candle..........but take a look at the intraday charts for today.......you'll see much more volume on the drop than the morning pop...........never a bullish sign.........probably the safest bet for TCEL is to wait...........0.0020 is still the downside support target............$$$
checkout my TCEL posts from last night................looks like a possible bull trap today.......checkout the long upper wick on today's candle.........shows profit taking.........bullish harami reversal pattern is currently forming, but the pattern can & will change...........remember, history has a funny & sometimes not so funny way of repeating...............
that said, volume has been very good on a green day........& I was surprised to see instant green after yesterday's big red candle..........but take a look at the intraday charts for today.......you'll see much more volume on the drop than the morning pop...........never a bullish sign.........probably the safest bet for TCEL is to wait...........0.0020 is still the downside support target............$$$
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