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Post# of 658338
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wow_happens28

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wow_happens28

Re: None

Saturday, 08/30/2014 5:31:53 PM

Saturday, August 30, 2014 5:31:53 PM

Post# of 658338
RIBT - Bullish Three White Soldiers candlestick

The pattern does not quite qualify, since the open day 2 and 3 must fall within the body of the previous, but the pattern here has relative huge volume and volume is not a factor in the Hot Candles Stick description, but the pattern is as close as possible to qualifying for the pattern. But, a little pullback would not hurt short term.

"Psychology...
This formation represent powerful unabated buying. Shorts would be wise to stay away from this steam engine. Longs should be prepared for a rest before proceeding on to higher prices."

http://www.hotcandlestick.com/directory/Bullish%20Three%20White%20Soldiers.htm

http://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=3&dy=0&id=p71784414467

"Music gives a soul to the universe, wings to the mind, flight to the imagination, and life to everything." ~ Plato ~

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