11/10 Bought @ $2.59
Expect stock to pull back and retest $2.50
L@@k for BuySig (buying signal) with vol + bull candle(s)
@ $2.50/dip $2.44
11/10 - I was surprised this stock did not run the way I expected (great vol on 11/09 + no haggle on bear pricing (no lower wick) + engulfing candle + RSI looked good). I made money but those indicators are usually positive educated guess territory for me, with overachieving results. Interesting. Positives here, however, include the bull gap held and the volume is still much better than 20 day volume average. Plus, this stock has been hopping and skipping like Bambi on that trending support line! Still, the volume drop to me indicates a possible pull back to $2.50, where trending support and trending resistance intersect.
**Let's see what happens**
Disclaimer - new trader, any analysis/feedback will be respected and appreciated, thank you community
Expect stock to pull back and retest $2.50
L@@k for BuySig (buying signal) with vol + bull candle(s)
@ $2.50/dip $2.44
11/10 - I was surprised this stock did not run the way I expected (great vol on 11/09 + no haggle on bear pricing (no lower wick) + engulfing candle + RSI looked good). I made money but those indicators are usually positive educated guess territory for me, with overachieving results. Interesting. Positives here, however, include the bull gap held and the volume is still much better than 20 day volume average. Plus, this stock has been hopping and skipping like Bambi on that trending support line! Still, the volume drop to me indicates a possible pull back to $2.50, where trending support and trending resistance intersect.
**Let's see what happens**
Disclaimer - new trader, any analysis/feedback will be respected and appreciated, thank you community