Langlui's Big Board and Options Plays

[TechKim]

RLYP , a little chart analysis

RLYP
http://finance.yahoo.com/q?s=RLYP&ql=

We had a bullish hammer candle on the 2/12/15, followed above by a confirmation bull candle
on 2/13/15 which validates a possible upward trend.
We also had the same signal on Monday and Tuesday of the same week.
Two bull hammers in a week?


It is the later pattern that I am more interested in, as charts are more predictive of forecast behavior on a daily to weekly forecast. ?


The first hammer in the week was validated and confirmed an upward trend which got slightly
tarnished, but lead to the 2nd bull hammer. ?


Will be interesting to see if the chart predictive pattern confirms an uptrend.
We had a bullish hammer candle on the 2/12/15, followed above by a confirmation bull candle
on 2/13/15 which validates a possible upward trend.
We also had the same signal on Monday and Tuesday of the same week.
Two bull hammers in a week?


It is the later pattern that I am more interested in, as charts are more predictive of forecast behavior on a daily to weekly forecast. ?


The first hammer in the week was validated and confirmed an upward trend which got slightly
tarnished, but lead to the 2nd bull hammer. ?


Will be interesting to see if the chart predictive pattern confirms an uptrend.

chart as I do not know how to copy an interactive chart.
http://www.barchart.com/chart.php?sym=RLYP&style=technical&template=&p=DO&d=M&sd=&ed=&size=M&log=0&t=CANDLE&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=