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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Davy Crockett who wrote (16374)12/16/2014 9:54:21 PM
From: stuffbug  Read Replies (1) of 33421
 
RUSL - Never traded it just punched it up on my system.

Buy reversal at 1:30 on the 30 minute chart - price was 2.28 and closed at 2.59.
Buy signal at 3:00 on the hourly chart.
Massive volume - 32 million, 10.3 million yesterday, only 2 million each day last week.
Bullish piercing candlestick on the daily chart.
Does somebody know something or do we have a pack of bottom fishers?

Don't think I would want to hold overnight.
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