Replies to post #360 on $$$Ospreyeye: Charts, Technical Analysis & Japanes

[ospreyeye]

VUME Chart.....5 days down & eventually going to rebound......

Busted through the Lower Bollinger Band today......Fast Sto @ 5.48......RSI @ 29.16.....OVERSOLD....

Now it's just a waiting game......need to see the bottom form......White candlestick or DOJI......

Don't try to time the bounce......catching a falling knife hurts!......patience is key.....

Keep an EYE on the candlestick pattern......that's all you need to know.....Bounce eventually coming.....

MA(10) @ 0.27......an increase in Vol. today.....bounce players loaded in the 0.09 range......

Could be the load before the bounce.....usually happens.......looking for that reversal....possibly Mon......$$$