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Monday, April 20, 2015 4:50:38 PM
I'm not in anything right now. That said, AXU is a very bearish chart, at least the way I read it.
Here's the reason. Look at the big red candle on Mar 10th on very high volume. That has become a high volume swing point. According to the great chart readers like Tom O'brien (TFNN.com) high volume swing points always get retested. The chart does not reveal a time table, but it rarely misses on swing points. Today also looks like a shooting star, which on this chart looks like a downside reversal candle.
Just trying to help.
Here's the reason. Look at the big red candle on Mar 10th on very high volume. That has become a high volume swing point. According to the great chart readers like Tom O'brien (TFNN.com) high volume swing points always get retested. The chart does not reveal a time table, but it rarely misses on swing points. Today also looks like a shooting star, which on this chart looks like a downside reversal candle.
Just trying to help.
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