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Re: Shefiu post# 4728

Thursday, 07/19/2012 7:38:32 PM

Thursday, July 19, 2012 7:38:32 PM

Post# of 7396
No, I don't think SYNC is done without a gap up. I think that we might see the low 11's if it breaks 12.50. I say 12.50 because that is about where the ascending support line is if you draw it from the 4/24 run to today. But, I'm optimistic and I don't think that will happen, but if it does I have a stop in just in case. Also look for a piercing pattern for a bullish reversal signal. See definition below.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_#piercingline
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