TurtleSniffer

TurtleSniffer

We have a pennant formation and chart history shows it has been a reliable spoiker in the past. Looking for an entry at .49 after nice consolidation yesterday in a bad market

TurtleSniffer Updated 

The MACD looks to be pointing up tomorrow with a reversal and we closed at the tip of the wedge with a doji on the weekly. Looking for more volume tomorrow to confirm. Holding at 1.43 for a swing trade going into tomorrow.

TurtleSniffer

Despite the selloff it held strong compared to other stocks. It broke down the pennant shape but still held strong at its support and closed above it testing the resistance.

TurtleSniffer

Past month shows the same pattern four times.