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OTCPK:LLEN - Post by User

Comment by chsharpeion Mar 15, 2013 1:06pm
145 Views
Post# 21136014

RE: RE: USS iron-sides

RE: RE: USS iron-sides

Bar:  The only reason I said it isn't a bowl is because it has a 'flat bottom'.  All other components are in place.  As I've mentioned before I follow Bulkowski and his definition of the chart would be a 'flat bottom'.  He would categorize a 'bowl' as a 'rounded bottom'.  That's all.  I suspect we should see additional C&H formations in the image of the right side.

This price action, too, is different from what followed previous spikes; we are holding at levels which show more promise than in the past.  Perhaps more confirmation (In addition to our C&H) that we will indeed finally form that right side to our 'bowl'.

;> Sharpei

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