Friday, August 26, 2016 6:45:28 PM
So as we approach convergence with the ever increasing 20 day simple moving average (consistent increasing support for hella days)
The candles have been suggesting for the past 3 days that bears keep driving the PPS down but the Bulls are saying no way Maf this doesn't belong here.
Wednesday we got a hammer candle which is a possible and probable bullish trend reversal signal. But it needs a confirmation candle to be 2 legit to quit.
Thursday did not provide that confirmation but it did provide another hammer candle as evidenced by the chart at the top of this post.
Today was another hammer but it is significant as a green hammer versus the previous 2 red hammers and could be classified as a confirmation candle perpetuating the bullish trend reversal.
This can be backed up by the 20MA which is higher than yesterday and the day before and so on and so forth.
Signifying a longer term uptrend trumping the short term churn baby bear down trend.
I hunt baby bears and make the softest fur coats from their cute dead dismembered bodies.
Recent ZRFY News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 07:03:19 PM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM