short term trading - week starting 26th august, page-54

WHY???? Did PVD go Ferral today??? ,
1 more newsletter blowing their trumpet?.....Nooooooooo!. Because Pilsner posted a chart on HC last night?....Noooooo!

Look at the 1mth historical chart using 10mth, 35mth, and 200mth Exponential Moving averages.

Retrace of recent sell off bounced off the 35 MEMA.
Recent break of the 10MEMA and retrace to the test support of 10 MEMA.
Then Booooya today confirming continuation of LONG TERM Uptrend. after break of a very bullish pattern

Expect to see multi mth Big Candles to start appearing. Look back on the same MTH chart to sept 12. A peek back in history to see the future.

Target off this pattern prior to spud (Q1/14)IMHO is anywhere between $1.65c and $2.05c or approx. 300% to an entry price on tomorrows open.

Not to late and not one u will want to miss.

Off to the airport see you in 3 weeks.