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YOW - TA, page-125

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    @Saragian ... Nice "Fork" Charts and I concur with your "technical" assessment of the same. To further add "weight" to your viewpoint here are my Weekly "Fork" charts that say, well say, same, same ... HOLD!

    The 'light' blue Fork is a tradition Andrew's Pitchfork(A.P.) and was drawn 1st then drew the dark blue modified A.P.(from Dec.'12H but same candle as light blue A.P.). Note they are identical "pitches" as it turns out and see how the same pitch at the - 50% level of the dark blue base picked up the the April low(our P3 of the light blue A.P.) exactly. Now just alone the TYNES of both these "Forks" picked up a possible "hotspot" near this week's high. However, further T.A. evidence highlighted the same ... Red Bear A.P. UIT; upper TL // of the (yellow) channel; 66.7%(2/3) retrace level(not show) of Aug.'15H _ April '16L range; and the MACD + Histogram showing very bullish changes as noted on Chart(I guess as you would expect with such a swift move... over last 3-4weeks).

    YOW_AP_120516_Wkly.png
 
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