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ospreyeye

11/05/13 2:05 AM

#105 RE: ThePennyDoctor #101

BISN Chart: This P&D has fully retraced.......Filled the Gap down to 0.80 & Bounced back above a buck......NICE.......It's not a coincidence BISN closed @ 1.05........just look @ this chart.......12 days in Oct. BISN closed @ 1.05......this called a Market Maker level......MM levels are Support & resistance levels......they can be used as Buy & Sell points.......

This is the "D" part of a P&D........notice how 4 days of gains were wiped out in two days?........stocks drop twice as fast as they go up........Congrats to the Bears........two sides to every trade......

SAR flipped to a Sell signal Mon......many Indicators are turning bearish.......that said, a Bounce/Bullish reversal should come,,,,,,,,looking for a Doji, Hammer or white candle to form the reversal pattern.......

BISN on bounce radar.........$$$