AI
Wednesday, March 27, 2013 12:40:40 AM
BMSN Chart.....Buy Signal Confirmed......Bullish Harami reversal pattern formed on Fri....Mon.'s candle was a red spinning top & not a Lg. Red candle, so the Buy signal was still good for Tues.....
Tues.'s White candle and Higher closing share price confirmed the Buy Signal.....today's open(0.0052) is the Buy price......
BMSN hit MA's(100 & 200) intraday and bounced.......very sweet......riding the Lower Bollinger Band support line....1st resistance is MA(50) @ 0.0077......2nd resistance is MA(10) @ 0.0093......
Today's bounce was on very lg. Vol....just what you want to see......Fast Sto @ 14.96......oversold w/ a ton of juice to run......the Vol. Indicators: Accum/Dist, OBV, CMF & FORCE show investors loaded on Tues......the Long lower tail also shows this.......
Looking for a White candle tomorrow & for BMSN to begin reversing the downtrend that started on the 20th when MA(20)/Middle BB support broke.......BMSN needs to get back above The Middle Bollinger Band to start a new uptrend......
BMSN on continuation of the reversal radar.........$$$
Tues.'s White candle and Higher closing share price confirmed the Buy Signal.....today's open(0.0052) is the Buy price......
BMSN hit MA's(100 & 200) intraday and bounced.......very sweet......riding the Lower Bollinger Band support line....1st resistance is MA(50) @ 0.0077......2nd resistance is MA(10) @ 0.0093......
Today's bounce was on very lg. Vol....just what you want to see......Fast Sto @ 14.96......oversold w/ a ton of juice to run......the Vol. Indicators: Accum/Dist, OBV, CMF & FORCE show investors loaded on Tues......the Long lower tail also shows this.......
Looking for a White candle tomorrow & for BMSN to begin reversing the downtrend that started on the 20th when MA(20)/Middle BB support broke.......BMSN needs to get back above The Middle Bollinger Band to start a new uptrend......
BMSN on continuation of the reversal radar.........$$$
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/
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
