Ive been watching this stock and is it showing a text book play for a cup and handle break out on the 1 year chart. CMF is turning positive and full stoch is turning up. You want to start looking for entry positions.
Posted by aristoentertainment on :
Posted by aristoentertainment on :
Nice doji formed today on monday. Thats good we should get a break out in the upward direction IMO. Cup and handle very good almost all the time. Keep watch as always for i already have my position. I think this thing just needed a breather today for being up two days in a row. Monday should tell the true direction of this stock.
Posted by aristoentertainment on :
That doji is what im waiting for if it trades above the doji in the morning a strong reversal is confirmed and you have good enty if you were in before or got in that morning. Chart looks nice. Notice it failed to break the 3 barrier , but i think monday we will . The doji means indecision between buyers and sellers. I think buyers will win. I saw 2 orders for over 20,000 come in at or around 2.94-2.96
