daytrade diaries... june 25, page-6

  1. 4,409 Posts.
    Good morning all, my sentiments are a bounce from here with the DJI but not that convinced it will go too far.

    RFE is a good potential, they tried to trigger everyone's stops yesterday, the big buyers are hiding in just below support to gather the weak hands IMO.

    Flag pattern forming on decreased volume which is typical for a flag. Expect a run either today or tomorrow as may wait for the price of oil to run.

    Oil is in strong primary up trend on a secondary pull back and should run soon.

    Chart for RFE



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    Good luck trading all, I will also do a post on AVG soon as this one is set to rocket as well

    Chart for Oil Futures courtesy future source

 
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