where to next ?? weekend charting 08 - 09 oct, page-4

  1. 1,996 Posts.
    Nice charts Jako. And a very possible scenario on the DJIA. You are getting devious yourself Jako.

    I'll look at WHN on the weekend as well

    Prip,

    That was an upthrust type bar on MTE. Nasty. Catching supply from trapped holders to the left. I would still be looking for testing within the breakout bar on the dip. Especially around the 63.5 cents where its broken out of that accumulation zone. They usually do brink it back to test areas of supply, particularly at breakouts to make sure its safe to mark up, if thats what they want to do.

    I'll repost yesterday chart as well with todays bar - I haven't added anything else - but its interesting where it hit.

    MTE
    Photobucket

 
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