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Re: was GoldenDD post# 34380

Wednesday, 05/02/2012 1:59:15 PM

Wednesday, May 02, 2012 1:59:15 PM

Post# of 160012
ANNOTATED CHART & MORE




Long white candlesticks show strong buying pressure. The longer the white candlestick is, the further the close is above the open. DUH!

WHAT DOES THIS MEAN?

This indicates that prices advanced significantly from open to close and buyers were aggressive. While long white candlesticks are generally bullish, much depends on their position within the broader technical picture. If buying gets too aggressive after a long advance, it can lead to excessive bullishness. (stockcharts.com)



EXCESSIVE BULLISHNESS?!?

Even more confirmation for me that the train to .25-.30 is as easy as simply buying a ticket for the ride

$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*$$*




I smell a Golden Cross in the mist!!


And As Always...
SEE YOU AT THE ATM!$! smile