Hi friends,I note with some concern that some are saying POH has...

Hi friends,

I note with some concern that some are saying POH has already failed an uptrend line and is now in the beginning stages of a downtrend.

So I felt it was important for me to put the record straight with a high-low-close daily bar chart of POH ( the "downtrend chart" I saw was a straight bar high and low chart, not the usual open high low close bar chart ) together with the classical definitions of uptrend and downtrend so that you can be sufficiently briefed on the classical trend by personal checking the normal daily bar chart below.



OBSERVATIONS
===============

1. The gap has been filled yesterday
2. The current price is still above the uptrend line
3. current price(if assummed low ) is still above previous low
4. the current highest peak is still above the previous high
5. the uptrend has not been broken as the technical criteria for uptrend are still in place.

Until the first week of next month where I'll update the classical timing chart, may the best prices be yours.

dascore