Saturday, June 03, 2017 9:47:33 PM
1.Whenever a long white candle occurs, an all time new high will follow. It occurred on 12/27, 1/5, 2/15, 5/18 and now 6/2. Ubetcha the crossing of US$100 will become a slam dunk.
2.The most important T/A indicator is the OBV (On Balance Volume). It just pushed to all time high. It means that all the BUYERS are now profitable. Still remember “volume leads price leads news”? IMHO, the price (pps) will FOLLOW volume breakout to another new all time high. Then news will come out from the shareholders meeting to justify da move.
Please note the above has nothing to do with the merchant counts or sales per merchant. It is pure T/A!
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