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Re: ospreyeye post# 9269

Tuesday, 03/19/2013 6:02:58 PM

Tuesday, March 19, 2013 6:02:58 PM

Post# of 10092
ABKFQ Monthly Chart......Bullish Engulfng Reversal pattern formed in Jan......& the Buy signal was confirmed in Feb......

ABKFQ closed right @ MA(20)/Middle Bollinger Band resistance @ 0.0358 last month......stocks trading below MA(20) are in a Bearish downtrend......stocks trading above the Middle Bb are in a Bullish uptrend......

ABKFQ is attempting to turn MA(20) into support this month & start a new uptrend.......1st resistance is the Upper BB @ 0.0701.......

Looking for ABKFQ to close above MA(20) for the month.....remember, this is a monthly chart & the candle won't be finalized until April 1st........

ABKFQ on confirmation of a New Uptrend & 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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