Denco, please see my Edited correction above. I misstated when I named today's pattern a Bullish Harami.
Type: Posts; User: siriusly_invested
Denco, please see my Edited correction above. I misstated when I named today's pattern a Bullish Harami.
Well, I guess we settle for a Bullish Engulfing as we anticipate a shortened market week next week, and hopes of continued growth in the SP.
Wallstreet's hours next week will be shortened, with a...
Apparently the 200 DMA is a wall of resistance. We took a pretty good bounce off of it at 3.58; maybe new gusto after lunch will help punch us through it, and never let us look back.
Denco, unless someone has something else in mind, I guess we can just settle for "Bullish/Spinning top-Harami". In other words, tomorrow should be a good day.:money:
My chart indicates the 200DMA sits at 3.58 at the moment, and the 50 at 3.67. Wouldn't it be nice this week to settle in at least somewhere between those two?
I'm almost afraid to say, or even think, that maybe we have seen the bottom at 3.32 and this little bounce is a sign we might be headed back to prosperity.
RC, what do you know that we don't know? I hope you are right.
'morning Denco etal. It was encouraging to see a slight up tic this morning, but at present with the "spinning top and/or Doji" showing indecision, it could be anyone's guess how today will go. You...