Bakken Energy Corp. (BKEN): ORFG- volume and price trends indicative...

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MarqueeGemFinder

Re: neophyte184 post# 10490

Sunday, 03/23/2014 12:51:05 AM

Sunday, March 23, 2014 12:51:05 AM

ORFG- volume and price trends indicative

Im of the opinion that you have highlighted a very significant and interesting indicator of why Im expecting a move for ORFG beyond its last high of .09's.

The retracement appears complete and the box play clearly shook a Ron of shares from the trees and positioned NITE for a huge volume increase. We saw that increase Friday and if it continues- look for volume to precede significant catalyst. The resulting perfect storm can be a quick test of the fibs me beyond.

.02 - .09 and retrace to .035 with volume at .05. Looking to test .05 pps and then .07pps. If we can move past .09pps she can teat significantly higher levels up on buy volume and catalysts / positive company news etcs.

Looking forward to seeing if these chart indicators can help us predict a potential move here

All the best
M

Just this old man's OPINION. Never buy/sell any security based on my post(s) as they are just opinions and only meant for educational purposes. I DON'T receive any comp. of any kind from any company/3rd party mentioned in my post(s).