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Re: mattsinvestmentclub post# 14627

Wednesday, 08/20/2014 8:53:26 PM

Wednesday, August 20, 2014 8:53:26 PM

Post# of 54983
I still believe we're going much higher. LS accumulation zone was 2.50 - 2.75. RS accumulation zone is now 2.75 - 3.00. It's a skewed reverse H & S with a bullish bias. The chart is a psychological picture of how the market feels about a stock. Not foolproof of course but this is the best XXII has looked and I can make a case since last October - November (bouncing off the weekly 50 DMA)....................
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