Replies to post #19625 on Don't Bite The Hand That Feeds You

[MEA_1956]

I think I read it on Sharp Charts in the chart school section. Something about if it closes three days in a row to look for a bounce to come. It holds pretty true to the rule, may only be a day or two then it might sell off more. I played UNG a while back (first of Sept.) and had some good luck doing so.

I have noticed that a couple other picks from this board are also closing this way, Candy & Nuts for Xmass if it plays out.

[Mr. Turd Ferguson]

Here is Scottrade's SmartText analysis of the BB based on close today.

Relative to recent price action, the stock is currently overextended to the downside and due for either a pause or retracement.