YOW - TA, page-127

TANOTFA Im a fan of your charts and agree that long term is bullish for YOW.
However, I am concerned in the short term. The chart left an ugly hanging man yesterday with a shadow 3 times the length of he body extending almost to the upper end of the gap on the daily that YOW a week ago. This on the backdrop of a reducing slope of the rally's highs and followed today by an open below yesterdays close, and a close lower than today's open. Not to mention a gap to fill at 84.5c on the daily. And YOW has always closed its gaps (although sometimes only after many months).



I also observe that the highs on the MACD histogram in your bottom panel have portended a short term drop from highs both in Feb 14 and Jul 15, and that we may be bouncing down from the median line of the light blue AP and observing the downward trend line from last Aug's high that you have graphed in white. Early days of course but as I said, short term TA looks cloudy to me.
And tonights capital raising announcement is not going to help .
Long term however, I am bullish.