InvestorsHub Logo
Followers 21
Posts 948
Boards Moderated 0
Alias Born 12/11/2010

Re: frodo_1978 post# 5408

Tuesday, 05/03/2011 10:49:10 AM

Tuesday, May 03, 2011 10:49:10 AM

Post# of 19899
this could be the start of a new bullflag, ifyou look at the original run early in April, youll see that its forming identically rite now. The original run created a bullflag for a week and a half, it consolidated in the low .002's and eventually broke out of bull flag and ran again. this time around we could possibly see the same pattern. We could consolidate in the mid .004's until we break out of the .005's; this is how this stuff works, rarely do you see an epic run without consolidation so that the stock takes a breather. So far so good. This will get the RSI levels back down to a sustainable level, and it will resume its run. Same thing happened, a few weeks back, The stock consolidated, RSI levels took a breather and it ran again. This is beautiful you guys, it is behaving as great as it possibly can. GLTA

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.