Wednesday, February 2, 2011

Why I don't trust the last bullish spasm

Look at these clear defined bearish divergences on both sides, MOMO & MoneyFlow
(Higher Prices but lower Indicator readings).

Let's see of the bulls can make this stock or whether this is a set up for a failed break out.....?

Posted by at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)