Falling prices, with reducing daily ranges...and corresponding drop-off in volumes suggesting lack of interest inselling...she is not all that far off a "three stars in the south" formation, the first day of which (with the long shaddow), is the most important in setting up the launch range.
Tomorrow's trading will lead the way...if shorts suspect any sniff of a price rise, they will rush in to cover their positions.
This will be the buy signal for most.
Good luck all...I have been picking these up carefully and slowly for the last few days...hope I am right?
Cheers!
WTN Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
