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Re: eleniak post# 59604

Tuesday, 08/05/2014 2:58:05 PM

Tuesday, August 05, 2014 2:58:05 PM

Post# of 64649
Hey E...how you doing today...
Well could mean nothing but "someone" made sure there was a nice bullish candlestick hammer at the end of the day yesterday. I looked at the trades and it was definitely in tended to form that hammer....

As you very well know stock groups look for hammers like that every day for bottoms and reversals...hopefully some saw it.

No idea why but there it is. As you know a hammer is only showing "potential" of a reversal....next few days hopefully it will confirm....I know you doubt that but I am talking charts here...not reality of what has been going on.

IMO? PPS is so low now that shorts have made their cash and are loading up...volume has been a lot higher than normal these past few sessions and hopefully we will see a run back up to a penny or so...

Have a nice one....EWSI

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