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1984ISHERE

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1984ISHERE

Re: Hurricane_Rick post# 6294

Saturday, 12/01/2012 10:36:30 AM

Saturday, December 01, 2012 10:36:30 AM

Post# of 7396
Rick,7.50 -8 coming up, your are not getting the pull back you expected. The break of the 50 ma at 6.20 and the candle confirmation continuation now sets the chart up to test the 7.50 -8 area in coming sessions. Now Thursday's candle doji was a head fake but when we finished over the 50 ma Friday that potential reversal was denied.

In addition, if you see chart is stayed in oversold conditions for a while so it can stay over rsi 70 for a while too. As you know you can never use just one or two indicators to get a true read.

Great weekend Cya

Just My Opinion. I might be biased because i own shares either long or short and/which which i might sell at any time. Do your own dd, my opinion is for entertainment purposes only and not to be construed as investment advice.

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