I think so. If you look at the blast down we have left the
Bollinger bands, and MA's quite a bit back. The recent price
action for the most part looks like just inside days which is
really just treading water waiting to be able to move one way or
the other. Down is the likely choice. But, not worth
much until it happens one way or the other.
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I think so. If you
Bear Flag?
Posted by johnc on 10th of Aug 2011 at 01:58 pm
I think so. If you look at the blast down we have left the Bollinger bands, and MA's quite a bit back. The recent price action for the most part looks like just inside days which is really just treading water waiting to be able to move one way or the other. Down is the likely choice. But, not worth much until it happens one way or the other.