Sambong1

Sambong1

Looks to be playing the way i thought. consolidation in the low to mid $13 is possible

Sambong1

like it long over $7.93

Sambong1

Just a thought as to how it might turn out. just thinking out loud.

Sambong1

maybe i am seeing what i want to see. but invers H&S? No position yet

Sambong1

It looks likes it is B

Sambong1

Updated chart. two possible scenarios. A or B ? next week action is a tell

Sambong1

I am out my long for now. but one perspective on the weekly. Pull back is possible based on prior actions. if you are short -term long, be mindful. history could repeat

Sambong1

Just a random thought. 4 HR Chart. Inverse H&S within a expanding down channel.

Sambong1

Bullish multiple bull flag action.

Sambong1

Pulled back from resistance DTL but stalled and could be setting up for bounce. Could be back testing the prior DTL resistance and could become support for upside as long as it stays with in the triangle

Sambong1

Up trend still intact. Could bounce from the uptrend line from beg of 2012 around $246 yo $247.