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Seafield Resources Ltd V.SFF



TSXV:SFF - Post by User

Bullboard Posts
Post by tycoon777on Oct 02, 2010 8:30pm
416 Views
Post# 17522263

prediction

prediction
 The sellers have been trying to send this lower the last three trading sessions and on friday the buyers near the close came on to say that enough is enough and pushed back to send seafield higher. The candlestick pattern formed on friday was a very bullish engulfing pattern. This type of pattern will generally form at the bottom of a down trend when the stock price opens lower and then closes higher than the previous days opening price. The relative strength has fallen out of the overbought. I believe we will see .30 some time this week and if there is news we will see much higher than that. Just my own opinion, do your own D.D.
Bullboard Posts