Really interesting and incredible what a difference a day can make.
Good news is the bulls are back in control and a "Seperating Lines Bullish" pattern has formed which during an uptrend a long black candlestick occurs. The second candlestick, however, picks up where the previous candlestick's trading left off and rallies to close higher. This suggests that the uptrend should continue while the bulls are in charge. (Shown below)
We are no longer over sold and should also be able to test the 4 week high of 32 within the week possible that it could touch tomorrow or the next day.
Does anyone know if there any news expected in the next week?
EPT Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
