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Re: Sibware post# 360

Friday, 01/25/2013 3:55:42 PM

Friday, January 25, 2013 3:55:42 PM

Post# of 42897
VUME Chart.....5 days down & eventually going to rebound......

Busted through the Lower Bollinger Band today......Fast Sto @ 5.48......RSI @ 29.16.....OVERSOLD....

Now it's just a waiting game......need to see the bottom form......White candlestick or DOJI......

Don't try to time the bounce......catching a falling knife hurts!......patience is key.....

Keep an EYE on the candlestick pattern......that's all you need to know.....Bounce eventually coming.....

MA(10) @ 0.27......an increase in Vol. today.....bounce players loaded in the 0.09 range......

Could be the load before the bounce.....usually happens.......looking for that reversal....possibly Mon......$$$


Learn to read Charts & Technical Analysis.....all are welcome....post your own charts & T/A & join the discussion
http://investorshub.advfn.com/$$$Ospreyeye-Charts-Technical-Analysis-&-Japanese-Candlestick-Patterns$$$-26060/

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