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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (13167)	6/6/2015 11:15:29 AM
From: Goose94	Respond to of 203358

Alberta Oilsands (AOS-V) forms bullish "Gravestone" chart pattern Jun 05, 2015 Recognia has detected a "Gravestone (Bullish)" chart pattern formed on Alberta Oilsands. This bullish signal indicates that the stock price may rise from the close of $0.10. Tells Me: The bears have sustained control over the downtrend, but the period has shown a surge of bullish demand that suggests we are nearing a bottom. During a downtrend, the bar opens at its low (or very close to its low), then rallies, but isn't able to sustain the move and closes back down near the open. The bulls have lost the battle but have shown some strength during this period. It's possible we are nearing a bottom.