Monday, May 18, 2015 1:53:49 PM
CGRA gaps
This one actually looks like a pond fishing play. Haven't seen 1 in over a year. May indicate the darkside of the OTC is ready to play again.
Pond fishing play;
Over a 6 month chart you see 3 volume spikes; while price is flat along the bottom. Buy the 3rd volume spike small. The price will pop past resistance, Buy larger. This is the attention pop !!!There is usually 3 flag pattern steps up and the play is over. Trade the flag patterns.
A gap is the difference in price between the previous days close and the next days open. Price lower Gap down; Price higher Gap up.
Gaps are filled (satisfied); when a candle body reaches that price level. NOT a candle tail !
This one actually looks like a pond fishing play. Haven't seen 1 in over a year. May indicate the darkside of the OTC is ready to play again.
Pond fishing play;
Over a 6 month chart you see 3 volume spikes; while price is flat along the bottom. Buy the 3rd volume spike small. The price will pop past resistance, Buy larger. This is the attention pop !!!There is usually 3 flag pattern steps up and the play is over. Trade the flag patterns.
A gap is the difference in price between the previous days close and the next days open. Price lower Gap down; Price higher Gap up.
Gaps are filled (satisfied); when a candle body reaches that price level. NOT a candle tail !
Welcome to my mind!
Success to all
IHUB http://investorshub.com/boards/board.asp?board_id=3972
http://youtube.com/lowtrade
Educational Board
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
