Theyve been grinding this one along for a VERY long time now 3rd push on the Pnf60, should move out relatively soon imo. Holding Target in red
failed to get back into the pattern but yet to confirm the BO to the downside.
still one more continuation box but disappointed performance.
Broke out with a engulfing candlestick Backed with volume could go for a strong run to .83c ^ provided volume continues backing
needs confirmation but there is a lot of activity and what looks to be distribution here
see chart. needs BO confirmation
Volume Spread Analysis is bullish. Pennant is bearish. NEEDS BO before buy/sell. See annotations.
Could move very quickly, best opening volume in a long time now.