Look at the daily. When I do that I see a downtrending
stock that has been having a series of small bear flags followed by
congestion while waiting for the MA's. Looks like we are
waiting for the MA's in more congestion.
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When in doubt, move up a time frame
can someone help me identify this pattern please?
Posted by johnc on 24th of Sep 2012 at 03:48 pm
Look at the daily. When I do that I see a downtrending stock that has been having a series of small bear flags followed by congestion while waiting for the MA's. Looks like we are waiting for the MA's in more congestion.