trdollar

Genetic Technologies LTD $GENE in heavy breakout pattern

NASDAQ:GENE   GENETIC TECHNOLOGIES LTD
See notes on chart. Widening Bollinger Bands lead to heavy up-moves before a strong pull-back. Look for significant upside before a crash.
Nightwish
2 years ago
I prefer old fashion name for the pattern - bullish kicker, I strongly doubt that Japanese knew/used champagne; however, this is the beginning of the week, early to analyze weekly chart. but, yes, bullish it is. Cheers
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trdollar Nightwish
2 years ago
Champagne flute, bullish kicker. I'm not terribly well educated with candle/chart pattern names, but for what it's worth, it's on the way up like you said.
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