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Re: NewJerichoMan post# 9465

Sunday, 01/08/2017 10:02:04 PM

Sunday, January 08, 2017 10:02:04 PM

Post# of 12924
SGBY charts: For the last few days traders have been over selling on the opening gap up followed by a 5% plunge from the previous close. See 15min chart.

For the daily chart:
Three Outside Down on an uptrend (70% success rate) look bearish as hell but look at volume money and pressure. It is also in an uptrend group of candles. wink Yes, buy here it is not a reversal but part of the upward continuation pattern.
http://thepatternsite.com/ThreeOutsideDown.html









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