I am holding SUN and BEN at the moment, and I think you are holding SUN as well, so as a friend just want to show you this. Today we closed on her low, although with light volume, but just be careful. I still believe she will bust through this resistant soon, but over the next few days we may see some short term pain.
Candlestick T/A wise, she is bearish at the moment, but I got in around the $6.3X mark, so I am just a little bit in front at the moment. We had a Hanging Man on Friday, and today is the confirmation of the Hang Man.
Hang Man is the same as a Hammer, but when you see her at the top(Hanging Man), we have to be careful, it's usually a sell signal. When we see her at the bottom(Hammer) of a down trend usually it's a buy.
I am not too confident tonight to be honest, but I hope the DOW will have a good night tonight, and see if we can over come this Bearish pattern.
Regards
Selmax
SUN Price at posting:
$6.42 Sentiment: None Disclosure: Held
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