Thursday, March 23, 2017 7:47:17 PM
MJTK chart(s)
chart and tools thread post
* We had a strong candle today after 3 days of black crows. We also had strong support in the low .007's and buyers started using a sledgehammer on the ask overhang to give us a green close.
* On the 10min intraday, around noon, I got confirmation on the double bottom breakout and took my first MJTK position. There was a hidden ask at .0084 on my MO .0085.
* Daily chart does not show much strength because it only the first good day we had in eight days!!!
* All the strength can be seen on the intraday charts over the last two days.
* The last good Thursday close leading into a Friday was the week of February 21.
* We need a catalyst or we will continue sideways if volume gets any lower. Today we put up a good fight with the seller.
Falling Wedge measure rules
http://thepatternsite.com/fallwedge.html
Bullish Engulfing
http://thepatternsite.com/BullEngulfing.html
http://stockcharts.com/h-sc/ui?s=MJTK&p=D&yr=0&mn=2&dy=2&i=p89304456605&a=506216690&r=1490246641678&r=1490248046016
5d 10min
http://stockcharts.com/h-sc/ui?s=MJTK&p=10&yr=0&mn=0&dy=5&i=p73308303393&a=509481155&r=1489625231837
25d 60min
http://stockcharts.com/h-sc/ui?s=MJTK&p=60&yr=0&mn=0&dy=25&i=p64963748894&a=503059017&r=1490306613975
chart and tools thread post
* We had a strong candle today after 3 days of black crows. We also had strong support in the low .007's and buyers started using a sledgehammer on the ask overhang to give us a green close.
* On the 10min intraday, around noon, I got confirmation on the double bottom breakout and took my first MJTK position. There was a hidden ask at .0084 on my MO .0085.
* Daily chart does not show much strength because it only the first good day we had in eight days!!!
* All the strength can be seen on the intraday charts over the last two days.
* The last good Thursday close leading into a Friday was the week of February 21.
* We need a catalyst or we will continue sideways if volume gets any lower. Today we put up a good fight with the seller.
Falling Wedge measure rules
http://thepatternsite.com/fallwedge.html
Bullish Engulfing
http://thepatternsite.com/BullEngulfing.html
http://stockcharts.com/h-sc/ui?s=MJTK&p=D&yr=0&mn=2&dy=2&i=p89304456605&a=506216690&r=1490246641678&r=1490248046016
5d 10min
http://stockcharts.com/h-sc/ui?s=MJTK&p=10&yr=0&mn=0&dy=5&i=p73308303393&a=509481155&r=1489625231837
25d 60min
http://stockcharts.com/h-sc/ui?s=MJTK&p=60&yr=0&mn=0&dy=25&i=p64963748894&a=503059017&r=1490306613975
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