Showing posts with label Stock Market. Show all posts
Showing posts with label Stock Market. Show all posts

Thursday, March 12, 2009

"The Bull Charged Back with Explosive Force"
2D, 10m. - Mar. 12 - Very strong trending move to the upside.  There were few pull backs and little opportunity for trade entry as the price moved up.  This is the 3rd. day of a new Bull Potato and it appears to have a lot of momentum.
5D, 30m. - Mar. 12 - Tuesday and Thursday (today) showed very bullish moves to the upside in very clear cut channels.  These channels once identified can be used to help make trade decisions.
10D, 60m. - Mar. 12 - Bull Potato Day 3 and fully confirmed with all activity above all Moving Averages.  Most Potatoes last from 3 to 6 days and sometimes more.
3M, Daily - Mar. 12 - Trend reversal seen as Bull Potato roars into action.  There is still a lot of work required to reverse the larger term Bearish Trend and Secular Bear Market.