[ Tower Bottom ] Sergio ...
This one is trying for a Tower Bottom. Look at the Bottom of the Candle BODYs. You should be able to draw a Horizontal Line across the Lowest Most Recent Candle BODYs ... with the middle Days Candle Bodys being Higer. The Middle Days should be 3 days or MORE ... if it lasts too long it goes to a Double Bottom on Candle Bodys.
stockcharts.com[W,A]DECAYIMY[DA][PC5!B34!B50!H.02,.20!B200!D30,2!B100][VC60][IUO14!LA12,26,9!LP16,14,14!LC10!LC20!LG10!LB16,14,14]
But if the Line has an Upward Slope ,, with the Candles Bodys in the middle Higher ... That's ok by me ... it's not Text Book however. I've never been Fully Text Book ... I like to add just a bit of Original Thought or Creativity.
CNS is Retail ... Liquidation. It has been known to be Good this time of year. As the Prices at Odd Lots / Big Lots are Cheap.
stockcharts.com[W,A]DECAYIMY[DF][PC5!B34!B50!H.02,.20!B200!D30,2!B100][VC60][IUO14!LA12,26,9!LP16,14,14!LC10!LC20!LG10!LB16,14,14]
Cheers!
Ray |
