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Re: dredogg post# 44970

Sunday, 03/13/2016 11:55:57 PM

Sunday, March 13, 2016 11:55:57 PM

Post# of 47295
INO

I don't like parma's but, this one seems to have some logic to it's emotional urges. LOL It fills gap well And TA & Charts seem to follow logic!

That said; if your in, concern is the word of the day. On a 6 month chart it's reached a resistance it did not break. This could be the last reversal prior to a negative break of a rising wedge pattern. And TA is showing all signs of this. Volume has decreased while price increased. Money flow is reclining in the CMF, with momentum seen in the ADX fall with DI+ on top.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rising_wedge_reversal



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