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baldingcontrarian

10/22/16 8:01 PM

#10804 RE: Bullsonmonday #10800

It requires knowing fundamentals and what drives expectations and how to gauge when expectations are too low, but for the technical aspect it requires a lot of practice and just seeing that money flow has increased over 100 fold on the daily in 8 weeks.

This is just years of practice and trying to see how my different past theses have evolved or devolved.

In this case the bullish hammer replicates the hammer from the last reversal 2 weeks ago. It nearly kisses the 13ema just like two weeks ago and the RSI and stos have reset accordingly.

Also Srna and aero also posted even more bullish but similar hammers . The weekly RSI is way up there but I expect 94-95 before a down week. It will be soon but not before we clime towards 1.40