RE:Technical AnalysisCorrect!!! TA three in a row now indicates bullish short term.
Humm TA versus trash cans.
I'll put my money on TA short term and trash can medium long term.
Covered short, going long! Let the pumping begin!
I'm taking a break because I do NOT voluntarily and knowingly pump or promote trash cans!
See you guys when I flip to a short again! Until then, I need to go do some off market stuff.
The toxic smoke is hurting my eyes here. cough cough.... ;-) LOL
retiredcf wrote: One can hope. GLTA
| Concordia International Corp forms bullish "Inverted Hammer" chart pattern
Sep 12, 2016 Recognia has detected an "Inverted Hammer" chart pattern formed on Concordia International Corp (CXR:TSX). This bullish signal indicates that the stock price may rise from the close of $9.28. Tells Me: The recent decline is approaching its bottom, as the balance between buyers and sellers evens out and there's an attempt (though failed) at higher prices. The Inverted Hammer appears during a downtrend with a long upper shadow reflecting an attempt a higher prices, and a small real body at the lower end of the range reflecting an evening out of the balance between buyers and sellers as the bears have lost some control. The price may have reached a bottom and ready to turn higher. This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology. | |