Let it go, More important things to disguss here like what the charts are saying is 1. Flag formation that can now give us the coil spring movement. Time to breakout and run over .0015 Tomorrow.. Yeah!!!!man!!! we can do this!!! Grab the bull the horns and lets ride through them walls!! Thats the spirit-- It's up to the Bulls to carry the message
With the market waffling on both sides of the fence today, it should come as no major surprise that we're seeing a lot of bearish as well as bullish trade setups.... and a lot of stock charts stuck in neutral. Among the three that have the most potential to gain traction on their currently-subtle hints are Origin Agritech Ltd. (NASDAQ:SEED), Health Sciences Group, Inc. (OTC:HESG), and Cell Therapeutics, Inc. (NASDAQ:CTIC). Here's a better look at each.
Actually, the pother two names below are fairly decisive in terms of potential moves. I bring up Health Sciences Group, Inc. (OTC:HESG) only to point out how a big move is brewing... it's just not clear which direction it will be.
The nearby chart of Health Sciences Group plots a pretty clear wedge shape. And as you can see, the chart is about as far into the point is it can be - something has to give soon. I don't know which side of the converging lines will break down first, but I have confidence that it will be a strong move from HESG no matter what.
So, have patience for a while longer - maybe only a day or two. If Health Sciences Group makes a high-volume move above resistance or below support though, that's your high-odds trade. (Side note: This wedge is not as seasoned or aged as I would prefer, which means the move isn't going to be massive. It'll be big, but don't let your hopes mess with reality. If HESG reaches $0.0022 or 0.0002, that would be a great exit point.upward.
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