News Focus
News Focus
Followers 282
Posts 47139
Boards Moderated 10
Alias Born 04/07/2001

Re: butterfly111 post# 496587

Monday, 09/04/2006 11:22:40 PM

Monday, September 04, 2006 11:22:40 PM

Post# of 704047
CELG ..pretty clear there where one would be waiting to buy the dip on CELG using the 60min w/RSI not once, but 3 times ! But also the short from the OB after that first quick bounce off $40 to $45 forming that lower shoulder and d-top there from the July 24 $50 touch .

CELG did form a pretty good H&S which could trgt $37 eventually , but the 60min chart /RSI does show it bouncing earlier off $40 for the cover buy/long , though not as clear the daily . Your chart doesn't go back far enough , but would show OB pivots just as clear on the 60min up at $50 .
All just so neat and nice ...

Try most all charts out there...all the same .













Know how to make God laugh?
Tell Her your plans ....

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today