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Technical Analysis
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(01-07-2015, 03:04 AM)petrengr1 Wrote:

Optimistic view. A triple bottom is better than a double bottom. Hopefully the triple bottom is in and it will not fall lower. Comments from the experts?

Actually Pet, if we get a key reversal in and around the 43.50 area, it would be a quadruple bottom and very positive.  If you look at the last 3- 1/7/14(low 43.92), 10/15/14( low 43.25), 12/16/14( low 43.66), you see the same thing......a downtrend that hits support and then a strong reversal the same day to close positive.  I would feel very good it we had the strong reversal today to close positive( Croozian Reversal).  If we close below say 43....look out below with a further drop of 10-20% in very short order( 7-10 days)

L Ron Rules!
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Messages In This Thread
Technical Analysis - by petrengr1 - 01-07-2015, 03:04 AM
RE: Technical Analysis - by TomCrooz - 01-07-2015, 03:38 AM
RE: Technical Analysis - by TomCrooz - 01-13-2015, 02:15 AM
RE: Technical Analysis - by TomCrooz - 01-15-2015, 01:13 AM
RE: Technical Analysis - by trans - 01-07-2015, 04:39 AM
RE: Technical Analysis - by petrengr1 - 01-07-2015, 11:17 AM
RE: Technical Analysis - by Putncalls - 01-07-2015, 12:22 PM
RE: Technical Analysis - by admin - 01-08-2015, 02:41 AM
RE: Technical Analysis - by TomCrooz - 01-08-2015, 03:16 AM
RE: Technical Analysis - by Gator - 01-08-2015, 03:31 AM
RE: Technical Analysis - by Getitrt2 - 01-08-2015, 05:29 AM
RE: Technical Analysis - by Petrovale - 01-13-2015, 03:10 AM
RE: Technical Analysis - by petrengr1 - 01-15-2015, 01:45 AM
RE: Technical Analysis - by TomCrooz - 01-15-2015, 03:04 AM
RE: Technical Analysis - by sageo - 01-15-2015, 01:48 AM
RE: Technical Analysis - by sageo - 01-15-2015, 02:13 AM
RE: Technical Analysis - by Putncalls - 01-15-2015, 03:10 AM
RE: Technical Analysis - by trans - 01-17-2015, 04:02 AM
RE: Technical Analysis - by trans - 01-17-2015, 04:04 AM
RE: Technical Analysis - by Getitrt2 - 01-17-2015, 05:47 AM
RE: Technical Analysis - by Tree - 01-17-2015, 04:04 AM
RE: Technical Analysis - by trans - 01-17-2015, 04:12 AM

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