AI
Friday, May 10, 2013 1:20:20 PM
WPNV Chart: 5 Days Down & Setting up for a Rebound.......Bullish (Doji)Star Reversal pattern "forming" on the daily chart....(not there now....."forming").......
The pattern needs to hold EOD to form the reversal pattern.....the Gap down lower was the signal MM's are setting up a reversal......today's Lower Tail is Bouncing off MA(50) @ 0.016......I expect that level to hold and a Bullish Reversal Pattern to form......setting up for a Big Bounce next week.......
Worried?.......checkout Accum/Dist......actually rising as the share price has dropped.....Bullish Divergence and exactly what you want to see if you are playing the bounce......
WPNV on Bounce Radar.......$$$
The pattern needs to hold EOD to form the reversal pattern.....the Gap down lower was the signal MM's are setting up a reversal......today's Lower Tail is Bouncing off MA(50) @ 0.016......I expect that level to hold and a Bullish Reversal Pattern to form......setting up for a Big Bounce next week.......
Worried?.......checkout Accum/Dist......actually rising as the share price has dropped.....Bullish Divergence and exactly what you want to see if you are playing the bounce......
WPNV on Bounce Radar.......$$$
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