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Re: neophyte184 post# 32623

Friday, 02/15/2013 3:46:48 PM

Friday, February 15, 2013 3:46:48 PM

Post# of 79678
Thanks bud.....MWIP: trying to confirm the Buy signal!......very sweet......

MWIP's chart compared to MJNA's is a great lesson in charting........we've discussed the topic in detail on my board.......link below.....

Both MJNA & MWIP formed Bullish Harami patterns yesterday.......MJNA dropped, but MWIP is bouncing.....

Why?......great question.......in order to read a pattern correctly you have to take the entire chart into context.....not just the 2 candlestick pattern.....

What happened w/ these two stocks is MJNA had already Double Topped, but MWIP hadn't.......MJNA was played out, but MWIP wasn't.......anyone following my posts would've known this information last Sun. when I posted info. On the topic........

It's all about timing........everyone's welcome to learn more on our board.......link below my posts........$$$

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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