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Re: bylosellhy post# 39824

Thursday, 05/12/2022 1:00:05 PM

Thursday, May 12, 2022 1:00:05 PM

Post# of 53553
IQST charts~~~ Yesterday's Tombstone Doji sure looks like a reversal candle preceded by a breakdown candle. The Bears appear to have exhausted whatever shares they needed to sell before Q-1 revenues so now we are left with only Value Stock holding Longs. Meanwhile the drama continues with the external Russell 2000/3000 Bear Market for our entertainment.
* Similar to this pattern but white candle has to close over prior day's body.
https://thepatternsite.com/LadderBottom.html
chart thread post

* Impulse chart has another suggestion that bearish trend is about to end. I don't think we have a false signal like last time.
lhttps://school.stockcharts.com/doku.php?id=chart_analysis:elder_impulse_system
https://stockcharts.com/h-sc/ui?s=IQST&p=D&yr=0&mn=5&dy=0&id=p13332432724&a=1121348282&listNum=23


https://stockcharts.com/h-sc/ui?s=IQST&p=D&yr=0&mn=5&dy=0&id=p24986097784&listNum=23&a=1113701411


https://stockcharts.com/h-sc/ui?s=IQST&p=D&yr=0&mn=8&dy=0&id=p97840243026&a=1135287714&listNum=23


https://stockcharts.com/c-sc/sc?s=IWM&p=D&yr=0&mn=8&dy=0&i=p04068199646&a=548294540&r=1537108215884


https://stockcharts.com/c-sc/sc?s=IWV&p=D&yr=0&mn=8&dy=0&i=p04068199646&a=548294540&r=153710821

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