USRC Daily & 60 min. Charts.....5 days down & headed for a rebound....on Bounce radar.......
the daily chart hows USRC has pulled back big time for 5 days straight.....support is being found in the 0.07-0.08 range.......
a DOJI has formed today......Doji's @ bottom's signal a bounce....RSI & Fast Sto are @ extreme Oversold levels......
The 60 min. chart shows what's really going on......checkout MA(10) @ 0.07+.......this is the resistance level that USRC must break & close above to head higher.......
for 3 days USRC has been bumping against MA(10) on the 1 hr. chart.......now MA(20)/Middle Bollinger Band @ 0.08 is catching up w/ MA(10)......
Look @ the Bollinger Bands on the 60 min. chart.......they are getting extremely tight.....this is called a Flex Point......
Look how wide the BB's were on the 22nd & 25th......now look how close they have become today.....this reflects the tight trading and shows USRC has found support.....
the 60 min. chart is showing USRC actually closed just above MA(10) for the last hr. of trading......very bullish finish.......shows USRC is ready to pop tomorrow.....
MACD had a Bullish crossover on Mon.....& TRIX is headed for a Bullish crossover tomorrow on the 60 min. chart........
this is the perfect example of why you want to use an intraday time frame when analyzing a stock......the daily chart is showing USRC needs another day to form the reversal pattern, but the 60 min. chart is showing in better detail that the bounce is already starting........
Mr. T alerted me to this bounce play......thanks bud......we pity the fools that don't love bounce plays.....
the A team is all about bounce plays......checkout USGT today......bounce plays are our bread & butter......how do you think Mr. T could afford all those gold chains?.......bounce plays baby!!!.......$$$
the daily chart hows USRC has pulled back big time for 5 days straight.....support is being found in the 0.07-0.08 range.......
a DOJI has formed today......Doji's @ bottom's signal a bounce....RSI & Fast Sto are @ extreme Oversold levels......
The 60 min. chart shows what's really going on......checkout MA(10) @ 0.07+.......this is the resistance level that USRC must break & close above to head higher.......
for 3 days USRC has been bumping against MA(10) on the 1 hr. chart.......now MA(20)/Middle Bollinger Band @ 0.08 is catching up w/ MA(10)......
Look @ the Bollinger Bands on the 60 min. chart.......they are getting extremely tight.....this is called a Flex Point......
Look how wide the BB's were on the 22nd & 25th......now look how close they have become today.....this reflects the tight trading and shows USRC has found support.....
the 60 min. chart is showing USRC actually closed just above MA(10) for the last hr. of trading......very bullish finish.......shows USRC is ready to pop tomorrow.....
MACD had a Bullish crossover on Mon.....& TRIX is headed for a Bullish crossover tomorrow on the 60 min. chart........
this is the perfect example of why you want to use an intraday time frame when analyzing a stock......the daily chart is showing USRC needs another day to form the reversal pattern, but the 60 min. chart is showing in better detail that the bounce is already starting........
Mr. T alerted me to this bounce play......thanks bud......we pity the fools that don't love bounce plays.....
the A team is all about bounce plays......checkout USGT today......bounce plays are our bread & butter......how do you think Mr. T could afford all those gold chains?.......bounce plays baby!!!.......$$$
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