Thursday, September 30, 2010 10:15:56 AM
seriously though the hourly is on a downtrip atm despite the closing ding yesterday. it is near bottomed already so it should be ready to turn by lunchtime.
if we get a close at 10+ again today, no matter the volume, our weekly candle will be green for the second time and showing uptrend starting on that chart and our monthly candle will be a nice green one showing support formed, confirming consolidation, and pointing to next move being up at some point.
very slow with the volume but its starting to line up.
My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion
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