Saturday, February 08, 2014 6:57:34 PM
Parabolic SAR had a BULLISH FLIP.........Major Technical Development.......the 2nd week of Aug. SAR had a Bearish Flip.........last week was the 1st Bullish SAR Flip on the weekly charts since Aug.........SAR means Stop And Reverse..........the bullish flip is signaling that the downtrend has stopped and a NEW Uptrend is starting........the 500% gain kind of gives it away, but in reality WTWO just broke out of a very long trading range last week.......
NOTICE HOW THE LAST WEEK OF JAN. WTWO CLOSED @ 0.0001?..........
This flushed out the weak hands, but if you look at the 3rd week of Jan. you'll see the LOAD before the big move higher.........as this chart shows last weeks close was significant........0.0004 was the key resistance level to close above........the last week of June WTWO hit 0.0006, but closed @ 0.0004.......for the next 3 weeks WTWO closed @ 0.0004, but was unable to break resistance & a pullback followed........0.0004 was the benchmark price to close above, because the closing price is the main resistance line.........WTWO did close @ 0.0006.........it was a past resistance level..........this chart shows 0.0004 was major resistance for months & WTWO blew through it..........very strong!.........0.0006 shouldn't provide as much resistance..........I'll have to use a longer time frame to chart where WTWO may be headed.........
Full Sto & RSI show juice to run.........Fast Sto just entered the Power Zone.......CCI had a huge Bullish Spike as well as DMI w/ADX & Accum/Dist.......probably the most impressive Bullish Indicator on this chart is that HUGE Green Volume Bar.........you know what 476.7M = ?.............MAJOR SHOWTIME!!!............$$$
Learn how to analyze Charts & interpret Japanese candlestick patterns........link below...........$$$
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86130044
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