AI
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| Alias Born | 12/19/2011 |
Thursday, May 03, 2012 2:52:42 PM
REMEMBER GUYS! The fundamentals are still the same. No deal was cancelled, they are all still good to go! The "irons are in the fire!" According to IC Places on Facebook, (check the profile pic), this followed yesterdays photo of Jerry McGuire in the, "SHOW ME THE MONEY!!" scene.
RSI cooled off a little. Yay! The Bollinger Band breakout was corrected, and now we are trading between the EMA20 and the upper Bollinger Band, which is where we should be, AND BULLISH!
ADX in the 60's, indicative of a VERY STRONG trend, and obviously upward!
MACD still positive. BULLISH.
NOT TO MENTION, THE MA50 WILL CROSS ABOVE THE MA200 VERY SOON!!
From looking at this chart, you can obviously see, it is not a trend reversal, it is merely a correction/pull back/whatever you want to call it. These other indicators would have SELL signals if it was a trend reversal.
THINK BEFORE YOU ACT!
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