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Re: GLENO34 post# 44043

Sunday, 07/18/2010 6:49:39 PM

Sunday, July 18, 2010 6:49:39 PM

Post# of 52100
GLENO34... That chart entails no less than 4 buy signals imho...

The first buy signal came when the volume suddenly increased, revealing that large blocks were moving from weak hands to strong hands...

The second buy signal came when the price was unable to make a 3rd test of the lower (support) line, with demand overwhelming supply...

The third buy signal came when the price made a perfect "double-bottom"...

The fourth buy signal came when the price decisively busted through the upper (resistance) line to 106.90 at 16:12 p.m. (as shown by the numbers in the upper left corner)...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52370030

(JMHO)


-Bliss







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