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  1. 206 Posts.
    Not that we'd know in advance if was, apart from previous advice regarding FYO9 earnings..

    As and update on previous post TA commentary today I feel was the day I've been looking for here for first initial indicator of a potential reversal, closed in a bullish dragonfly doji, rsi 47.53, macd histogram shows a likely twist upward about to commence although the bull\bear indicator is still wide apart, histograms are good to see the twist forming and show reverse at least on one day now, 5 day is paralleling the 30 (didn't cross). Bollies aren't 'pincer' forming as I'd like to have seen but are better than blown out as slowly heading in.

    Parabolic SAR still on a buy sig, however tomorrow is the day I hope, we need to get that dragonfly doji confirmed with a blue (green) candle or a step up on sp... dow futures look ok but who know there haha, I might be too early but I feel this is the potential turning point, need that blue candle for a confirm then we'll see, volume is perfect too and for first time in a bit close trade out buyers outweighing sellers.

    Tomorrow definitely and perhaps Friday we'll get a better idea here overall, I'm giving my best 'tea leaf' reading of the chart lol.

    This is my opinion only as a LT holder, do not trade off it, instead dyor, rate your risk. Daytraders, go away lol :)

    Good luck to all holders :)


 
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