If we can break tthe 6.75 with great volume this thing is going to rock...The volume concern me because we need a break of the descending histogram
strong candle watch 200 day ma hook pattern above 50 relative strength strong get our book on amazon for patterns
above cloud good candle see the best candlestick in our book on amazon chapter on candlesticks relative strength strong cci and percent r in upper bands
As a small time trader I have no problems with liquidity, so I've been thinking why not take advantage of that and that is this idea. This is my thoughts the morning of Aug 27,2015 So oil companies are down we know that but last night we had a big up move in oil and that would cause short covering today. As of the close last night I had no positions to benefit...
Short currently on this position, with demand levels highlighted