News Focus
News Focus
Followers 26
Posts 2065
Boards Moderated 0
Alias Born 08/23/2006

Re: bobbytx1 post# 18779

Thursday, 09/03/2009 11:41:45 PM

Thursday, September 03, 2009 11:41:45 PM

Post# of 34120
This is a slightly deceptive situation, Bobby.

I've entered into such Ladder Bottom Formations, while the %B passed the 0 level and the Williams %R stabilized, however, the formations usually failed and the price continued to decrease an additional 2-3 days.

The price could reverse, however, the probability of a further decreases is greater, hence, I wouldn't be willing to risk a loss.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today