InvestorsHub Logo
icon url

ospreyeye

05/21/15 12:44 PM

#2166 RE: tradewins3 #2165

$ISR Chart - the day is young, but currently BEARISH DARK CLOUD COVER reversal pattern is forming - EMA 4 @ 2.22 is the 1st support level to hold - EMA 8 @ 2.01 is the 2nd support level to hold - as long as $ISR holds middle Bollinger Band @ 1.74 support the up trend should continue -

There is a GAP between HoD(high of day) on the 19th & LoD on the 20th - be sure to keep an EYE on the GAP -

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2205

Definition

This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick.

Recognition Criteria

1. The market is characterized by a prevailing uptrend.
2. A white candlestick appears on the first day.
3. A black candlestick opens on the second day with a gap up and closes more than halfway into the body of the first day.
4. The second day fails to close below the body of the first day.

icon url

zeroknowledgeproof

05/21/15 12:44 PM

#2167 RE: tradewins3 #2165

Company should do a quick stock split.

That way the market will be forced to reckon all shares are accounted for.

That's how you slaughter a short.