InvestorsHub Logo

risk on

03/12/14 6:38 PM

#5290 RE: squashjohn #5289

Yes, but I'm a lil disappointed that we didn't finish at hod, would of had a bullish engulf, and actually get penalized tech wise for going as high as we did, because a hammer ( no upper wick) would of been better than a spinning top, but that's rather silly at some level, because the bottom wick is what matters, as it shows as a bullish reversal candle IF CONFIRMED. the fact that price touched a triple bottom and shot up looks nice too. Bottom line, the BBs ,once pierced , cause the price to move to the corresponding band. So, I fully expect this to go to upper bb, then ill look to short it.