InvestorsHub Logo
icon url

mrscashflow

04/22/14 1:38 PM

#159 RE: tommy11 #158

tommy11 each stock has their own style of trading
and people jumps in before it's time.

Always should expect slippage. I know
the price is on it's last leg to reverse sometimes
it takes time. I trade price patterns

Traders always sell the news, no worries if the price
drops below the 1st support I'll be a buyer.

The formation if you look at 4/11 to 4/22 we call
1.Butterfly is flying upside down or M-formation
instead right side up like a W-formation

2.Double Top

3.A.049 B.40 C.0485 D not complete waiting for price label
price location @D

I knew before buying the price could continue to drop
because the indicators or still bearish and the shorts
are still in control.

Patterns
http://stockcharts.com/h-sc/ui?s=PUGE&p=D&yr=0&mn=1&dy=0&id=p90654919850

BBands
http://stockcharts.com/h-sc/ui?s=PUGE&p=D&yr=0&mn=1&dy=0&id=p46812818303

Ichimoku Cloud price need to be above the red cloud
for starters

http://stockcharts.com/h-sc/ui?s=PUGE&p=D&yr=0&mn=6&dy=0&id=p06768108711