GREY:CUDBF - Post by User
Post by
yukon_goldon Jul 04, 2012 2:20am
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Post# 20080078
POP.V July 3 2012 Bullish Reversal: Island Bottom
POP.V July 3 2012 Bullish Reversal: Island Bottom Petro One Energy Corp
(POP:TSXV)
Event Details for: Island Bottom
| Tells Me: The recent decline has reached a bottom, signaling a (minor) reversal to the upside. An Island Bottom forms after a sustained downtrend, as a narrow trading range develops that is separated from the previous price action by first an exhaustion gap and then a breakaway gap. |
| Event Date: | Jul 03, 2012 | | Opportunity Type: | Short-Term Bullish | | Close Price: |
.20 | | | Price Period: | Daily | | Volume: | 153,180 | | Pattern Duration: | 5 days | | Inbound Trend Duration: | 5 days | |
