Kraig Biocraft Laboratories Inc (KBLB)

[BioDoctor]

To those with interest. Today was the third day in a row for a neutral Japanese Black Candlestick pattern. The three show a slight downward trend due to normal selling pressure after the large 25%+ gain last Friday. So, what does this mean for tomorrow ? I am going out on a limb, but I predict tomorrow will be continuation of the bull run we observed on Friday. The pattern over the last four days looks very similar to a bullish continuation pattern called Mat Hold, which requires that tomorrow will be another White Marubozu (a bullish pattern). Also, there are a number of other charting patterns outside JCP that indicate the stock will continue a bullish move. I am not an expert, so please take this prediction with a bucket of salt. Since Thursday I have found the JCP have given 100% correct prediction of how the stock moved over the last five days, still within the probability of a coin toss, but looking to be very interesting tool to add to the toolbox to help decide when to buy and sell this stock.