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Re: DojiMan post# 2719

Friday, 05/22/2015 6:51:59 PM

Friday, May 22, 2015 6:51:59 PM

Post# of 12125
$GEVO Chart - BULLISH PIERCING LINE reversal pattern formed on Fri. - the middle Bollinger Band @ 3.48 and EMA's 4 & 8 are the Key levels to close above and turn into support - the GAP between May 6th HoD & May 7th LoD has not filled - MACD is pinched and set up for a bullish cross -

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2105

Definition

This is a bottom reversal pattern with two candlesticks. A black candlestick appears on the first day while a downtrend is in progress. The second day opens at a new low, with a gap down and closes more than halfway into the prior black body, leading to the formation of a strong white candlestick.


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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86130044

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