Hi All,
Charts looking good nice bounce today with increased volumes imo..
Todays Candlestick is a Hammer in the Morning Star position have a look at the last one.
It bounced off its lowest low in 5 weeks just above the 50% Fib.
Notice it also for the first time traded Outside the Lower Bolinger Band by a fair amount, but closed inside it..
Well done to the Astute TA's who picked up on that, got to be the bargain of the year imo..
This should go on with it in the morning,looks like the drip feeder has run out of feed by the way,so we could be in for a big day 2morra Dow Pending which is up at present.
Notice most of the IND's are just starting to turn up the green are he first to go Projection Oscillator and the Stochlastic Oscillator.
Today was Screaming Buy imo..
Cheers Pete
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