Short Term Trading Week Starting: 15 May, page-70

  1. 1,020 Posts.
    not calling it a buy now but pointing out why i love this chart pattern so much
    TFL i did not buy because refuse to buy animal farming stocks
    not a great deal of volume overhead from the downtrend.
    check the long basing pattern and even better if it tests below there and rejects it, to give a kind of inverse H&S but long and rounded out.
    then couple subtle hits of green volume come in (arrowed) without moving price. then a dominant green candle with the following candles contained within on reducing volume (previous HC poster calls it a bambi).
    then breakout
    please tag me if you find a pattern like this

    TFL.PNG   
    just checked my first post over the weekend and everything in it moved today - RLE, TFL, NTI, PGM, UNV.
    think PGM needs to go sideways for a while now and waiting for UNV to have a real crack at BO.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.