LEI Triangle -this triangle suggests a pretty big move to the upside, approximately $6.00 or so. Because it's a cheaper stock, the obvious triangle may pass under the radar of the black box pattern systems that manipulate these obvious price patterns.
The 15 min chart has been showing a very positive divergence which is rare to see inside of consolidations like this.
Today's intraday action seems to have set several zones of accumulation, thus a break out may be coming very soon. I'd probably set a stop of $3.20 or so of I bought now, if I bought on a breakout, then closer to $3.45
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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