Tuesday, May 01, 2012 11:27:28 PM
it will look good if:
1. red day tomorrow. a 0-10% drop will make the chart looks good. naturally i prefer a day like this. a reversal occurs in a series of steps. a V recovery is only an exception, not a rule.
2. green day, the bigger percentage %% the better, but if this is the case, i suspect a red day on thursday. it will make this look like a V shape recovery though.
it will look bad if tomorrow there is a big red candle that drops as low as Monday's low. I don't think this will happen but then we will see tomorrow.
Disclaimer: Everything expressed here is my opinion.
Never base on my opinion to buy, sell, and/or hold a security
FEATURED ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM