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wapsi

02/12/12 8:02 AM

#1263 RE: wapsi #1255

Attempting to show true trend lines on the chart. with the trend drawn correctly, I do expect a little pull back here and there. Would be normal. If the pull back shows a drop under the trend. The trend becomes null an will need to be redrawn.


SBCO - Daily Candlesticks

[img]stockcharts.com/c-sc/sc?s=sbco&p=d&yr=0&mn=3&dy=0&id=p12912420228&a=256642795

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dmlabuda

02/17/12 1:30 PM

#1494 RE: wapsi #1255

Well, I will admit that this one has been a tricky stock to chart because the momentum has been fast and furious but, now we have yet another more well defined Rising Wedge on the charts so, we'll see if this time the price does not drop back to around $0.020 or $0,025 as I now believe it will. Needless to say, it's still a good time to take profits if you got em and the fact that the price continued higher for a while was just a gift. I hope you manage take advantage of it. SBCO - 60 min Candlesticks