InvestorsHub Logo
Followers 1524
Posts 89542
Boards Moderated 7
Alias Born 05/09/2004

Re: cyclone101 post# 39859

Monday, 11/23/2009 9:18:39 AM

Monday, November 23, 2009 9:18:39 AM

Post# of 50030
POPN a Bullish Engulfing pattern possible. "Witnessing a white bullish candle, engulfing the previous black candle, stands out like a neon sign after a series of black candles. It becomes very plain to see that a change has occurred in investor sentiment. A couple of simple factors make the Bullish Engulfing pattern more convincing. The bigger the previous days candle being engulfed, the more effective the new trend signal will be. Or the lower the open of the white candle, then coming back up to engulf the previous day, the more powerful the next advance should be."




This is the POPN Chart

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.