webbs project upgraded 400%., page-44

Just a bit tech analysis heads up for you guys.

Usually when you see such high volume after a lengthy downtrend it can dramatically alter the trend or stop it completely. 'Stopping volume' is what it is called. So today we potentially had a stop to the trend.

Usually if this is the case the equity will travel sideways and build a base, it rarely alters direction completely.

It is not a 'safe' entry to buy into as you cannot know if the trend is finished, it wouldn't be surprising to see a false break or two during the sideways movement. When it does break it may be up or down.

So technically jumping here is an aggressive risky entry that may pay off nicely although since the trend is still down the chances of a break below .115 is pretty high.

I will wait with patience, could be anytime from 1 week to many months or more, or never.