OTCPK:SPLID - Post by User
Comment by
Danorrnon Jul 18, 2019 8:48am
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Post# 29933726
RE:LETS SEE .... YESTERDAY 12% ....WAS IT JUST A......
RE:LETS SEE .... YESTERDAY 12% ....WAS IT JUST A......Or was it a positive engulfing pattern with the RSI and SMIIO heading up which closed above the 21 day MA? I guess we'll see.
letsgetonthis wrote: In stock market trading, a Bull trap is an inaccurate signal that shows a decreasing trend in a stock or index has reversed and is now heading upwards, when in fact, the security will continue to decline. It is seen as a trap because the bullish investor purchases the stock, thinking it will increase in value, but is trapped with a poor performing stock whose value is still falling.