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Re: Bjones2 post# 51376

Wednesday, 08/14/2013 10:35:08 AM

Wednesday, August 14, 2013 10:35:08 AM

Post# of 183602
On the plus side, if PVSP finishes in the green today, as it looks like it will, today will be a bullish engulfing candle. Weirdly arrived at and not having the meaning that a bullish engulfing candle would have with reasonable dips under yesterday's low, but there all the same.

It was reversing here anyway--.0019-.0020 is heavy support; the only trading range it's been in lower than that is .0016-.0019 and there wasn't any selling pressure to go there. No buying pressure, really, right now, except for maybe some smart folks buying at the bottom, but just about zero selling pressure (except for what appears to be some panickers).