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Re: stockyard10 post# 752

Tuesday, 02/12/2013 12:57:09 PM

Tuesday, February 12, 2013 12:57:09 PM

Post# of 3108
YFRM Chart.....up another 10% today after a big up day yesterday........

The Dragon Fly Doji & Bullish Harami pattern signaled the reversal.......the White candle yesterday confirmed the buy signal......

As this chart proves, Japanese candlestick's do quite well in forecasting a stocks movement........

MA(10) @ 0.12 is the 1st Support level.......on breakout mode......the only thing holding YFRM back are the indicators......

Fast Sto @ 94.36......extreme overbought...,..Full Sto @ 87.14......overbought......above 80 is overbought on the Sto's.......it's also considered the "Power Zone"......

You'll find very strong stocks, (big boards ex., ) will & can head higher in the power zone.......most of the time penny stocks struggle in the power zone & pull back......

The question now is, can YFRM head higher in the POWER ZONE?........it's a promo play, so you never now......

Blue Sky breakout radar.......$$$


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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