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JJ8

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JJ8

Re: JJ8 post# 16454

Thursday, 02/27/2014 11:56:00 PM

Thursday, February 27, 2014 11:56:00 PM

Post# of 22503
PSAR weekly flipped over to DOWNTREND... even before tomorrow, Friday.

Apparently, it would be a stretch to imagine that today's closing price of $16.49 could jump over $0.93 tomorrow, to maintain the fairly long UPTREND since July 2013.

However, it is interesting to note that since July 2012, the overall continuing uptrend has been interrupted 3 times- briefly, once by 2 weeks, and then twice, by 3 weeks. The uptrend was not effectively interrupted but has been opportunity to trade as I did many times.

Will this time the reversal happen also in 2/3 weeks time? We shall see. GLTA
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