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Re: Law of Averages post# 9954

Wednesday, 09/20/2017 4:19:22 PM

Wednesday, September 20, 2017 4:19:22 PM

Post# of 22035
No doubt, but take a look at both RSI and Williams indicators - they are both near where the stock was on August 28th before it made a breakout. As far as volume goes, it is also quite similar to where the volume was and had gone on August 28th. And for the cherry on top; look at the 100 and 20 day SMA, they're about to cross, with the 20 SMA crossing the 100, indicative of a golden cross. Bearish, yes, but IMO primed for a revearsal.

"A tree as big around as you can reach starts with a small seed; a thousand-mile journey starts with one step." Lao-tse