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Re: ospreyeye post# 28439

Wednesday, 04/08/2015 2:57:49 PM

Wednesday, April 08, 2015 2:57:49 PM

Post# of 43417
“… currently $TDCP is setting up the bounce”

I like those words Ospreyman… and man you bring a lot of followers.

And yes, I think that reversal pattern you mention also includes a nice trend line of Resistance derived from the Weekly Close of the SCHOTT announcement a year ago. It appears the line will give us a few weeks of accumulation around the .002 area, and in the process, forming a strong Weekly Bottom. Additionally we oversold on the first leg down in March and indicators seemed poised for the accumulation.

Yeah, we’re due for a bounce.
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