true, it bounced of .04 the second time in two day
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Posted On: 02/17/2017 10:34:36 AM
Re: Goodspeed65 #402
true, it bounced of .04 the second time in two days...
very good sign. They walked it down on anemic volume to steal
them shares.
I don't see this breaking .05 today due to the weak volume. But, if we get a volume surge later in the day, it is possible.
Once .05 goes, this will move upward quicker. JMHO..
T/A need to close over .044 for reversal or .042 for consolidation to ctn.
GL,-The longer it stays in the .04, the better it is for a strong run
upward. You have to think some buy stops are in just above .0505, thats
when the real run will take place.
GS
TS
very good sign. They walked it down on anemic volume to steal
them shares.
I don't see this breaking .05 today due to the weak volume. But, if we get a volume surge later in the day, it is possible.
Once .05 goes, this will move upward quicker. JMHO..
T/A need to close over .044 for reversal or .042 for consolidation to ctn.
GL,-The longer it stays in the .04, the better it is for a strong run
upward. You have to think some buy stops are in just above .0505, thats
when the real run will take place.
GS
TS
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