Friday, February 22, 2013 12:54:37 PM
MWIP Chart.......Bullish Harami reversal pattern forming today......
Middle Bollinger Band/MA(20) @ 0.062 is the important level to close above today.......MWIP held that level yesterday & is currently trading above that level now........
As long as MWIP can hold Middle BB support the uptrend will continue.......stocks are in a bullish uptrend when trading above the Middle BB.......the middle Bb is support & the upper BB is resistance.......
This would be the absolute perfect level for MWIP to form a Bullish reversal pattern.......need to see a CLOSE above MA(20) today......if MA(20) support breaks a new downtrend will start.......
MACD has made a Bearish Crossover today & TRIX is ready to follow suit.......in order to reverse this Bearish signal MWIP must close above the Middle Bollinger Band today........
MWIP on hold MA(20) & form a Bullish reversal pattern radar........$$$
Middle Bollinger Band/MA(20) @ 0.062 is the important level to close above today.......MWIP held that level yesterday & is currently trading above that level now........
As long as MWIP can hold Middle BB support the uptrend will continue.......stocks are in a bullish uptrend when trading above the Middle BB.......the middle Bb is support & the upper BB is resistance.......
This would be the absolute perfect level for MWIP to form a Bullish reversal pattern.......need to see a CLOSE above MA(20) today......if MA(20) support breaks a new downtrend will start.......
MACD has made a Bearish Crossover today & TRIX is ready to follow suit.......in order to reverse this Bearish signal MWIP must close above the Middle Bollinger Band today........
MWIP on hold MA(20) & form a Bullish reversal pattern radar........$$$
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