Finally, a doji day. A doji here could lead to a possible bottom formation. This is exactly the type of bar needed to stop the madness over a soundbite that literally decimated the biotech industry in just three trading days. Next… Read More ›
Month: September 2015
Monday thought on $DMRC, $AMRN, $AKAO, $ONCY, $BIOC, $ARTH
Today waterfall started off as a normal down day but then grew into a much larger fall by the end of the day. As predicted by the bearish weekly down bar below the 79 & 89 weekly resistance, market fell further… Read More ›
Weekly thought on $DMRC, $AMRN, $AKAO, $ONCY, $BIOC, $ARTH
The market was not at all happy for the week. Despite Yellen’s attempt to soothe the market, it was too little too late. One look at the chart and the bear can get excited easily ’cause the down red bar… Read More ›
Thursday thought on $AMRN, $DMRC, $AKAO, $BIOC
Imagine you were sinking into the water, suddenly you saw a hand reached down to you from above, You felt yourself being pulled up. The face above the water began to get less fuzzy as you came to the surface…. Read More ›
Wednesday thought on $AKAO, $BIOC, $ARTH
Believe it or not! The bear took a break today. Imagine that! Taking a bear break in the bull territory. That got to take some balls. While price movement today was small range, it still has a bearish tone to… Read More ›
Tuesday thought on $BIOC
Today action was expected based on the formation of the shooting star candlestick topping formation pattern late last week. There is a reason why all these famous candlestick patterns got a name attached to them. The correct projections of price… Read More ›
Monday thought on $DMRC, $BIOC
Quiet before the storm is the message the chart below is trying to tell me. Today doji bar, despite being positive, marked another indecision b/w the bull and the bear. Price can go either way. However, the layout of the… Read More ›