AI
Monday, July 18, 2011 7:59:59 PM
VYCO
Last leg of a temp job pattern is the largest. 3rd flag is usually the last flag. Normally you want to see 1 mil ave volume on a single zero stock for bought run. A little weak, expect ave volume will increase as price draws interest. But if it doesn't could have problem on leg 3. The second leg of story telling is where many dark masters drop the ball. This one has weak ave volume and was a little late on the FIBs bounce. New target may be it and surge higher may stall. Watch the story line.
FIBs bounce @ 61% expect 38%, not so confident leg 3 will succeed completely.
Last leg of a temp job pattern is the largest. 3rd flag is usually the last flag. Normally you want to see 1 mil ave volume on a single zero stock for bought run. A little weak, expect ave volume will increase as price draws interest. But if it doesn't could have problem on leg 3. The second leg of story telling is where many dark masters drop the ball. This one has weak ave volume and was a little late on the FIBs bounce. New target may be it and surge higher may stall. Watch the story line.
FIBs bounce @ 61% expect 38%, not so confident leg 3 will succeed completely.
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