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Message: Re: PTSC Chart = new beginning, new appreciation, looks...

Yes, Big...the chart looks bullish indeed. Take a look at the doji in the morning star position coming on the heels of the pull back a couple of days ago. Add to this the 2 white candles over the last 2 days. Nice bulllish reversal pattern forming. Even though this doji has long shadows(traders' indecision), the pattern, I believe, still represents a bullish trading action. This pattern also resembles the uptrend that began in January and was stifled in early March. This new beginning also merits the formation of a double bottom around .43-.44 which dipicts an even more bullish pattern than before..........I look for the break out at .67 - .68.

 

GLTA

PxP


Jun 24, 2007 09:39AM
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