OceanFreight Inc fka OCNF

[strikehold]

Looking at the daily chart the candlestick has formed a Bull kicker. The kicker signal is a very powerful short term reversal signal. The kicker identifies a very drastic change in market sentiment. Looking at the bullish kicker we see a down trend, then we instantly get an open that is at or above the previous candlesticks open and then price continues to head in the opposite direction. Also the MA (5) is below the candlestick which is a bullish sign. What I would like to see is three White or Green Soldiers Pattern. This indicates a strong reversal in the market. It is characterized by three long candlesticks stepping upward like a staircase. Each day opens down from the previous days close but still closes higher than the previous close. JMO