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Skipper4080

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Alias Born 11/19/2012

Skipper4080

Re: None

Sunday, 12/16/2012 12:54:37 PM

Sunday, December 16, 2012 12:54:37 PM

Post# of 27492
On 11/13/12 it went into a defined trading range with the drop in volume confirmation (consolidation) when the right edge sets up we will need to see a rising three pullback formation, following by a bullish engulfing candle and increase in volume conformation. News or not if it sets up right it will run, it looks like it has pent-up pressure. SPBU has completed the entire formation as we speak, I'll be trading that tomorrow, that is exactly how it needs to set-up, I'll be watching.
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