Thread: Bquat's Account Talk

Redrew the chart to make the consolidation the main thought:

Chart:

Looking better but if this was really a breakout after this amount of consolidation you would think a bigger candle with Bullish follow through:

I like seeing the green candles this week but too many gaps.

I didn't jump in because it was Friday and EOM. This is a longer-term Chart and is a continuation pattern of lower highe and higher lows. The trouble is that the longer trend is down. I don't know why the buying is happening. I will do the March chart maybe later today:

It looks encouraging. Let's hope those small gaps don't get filled.

April's charts later

Looks like my 100 DMA is holding and so far no test of the breakout. April Chart:

Originally Posted by Bquat

Looks like my 100 DMA is holding and so far no test of the breakout. April Chart:

Now going to test the top of the consolidation box. I hope it holds as support and we don't play with the small gaps:

Originally Posted by Bquat

Now going to test the top of the consolidation box. I hope it holds as support and we don't play with the small gaps:

Well good test of the consolidation box as support and maybe confirming the breakout. Believe it or not I am neutral. The reason I am not bullish are the little gaps below. So the morning watch is on:

Originally Posted by Bquat

Well good test of the consolidation box as support and maybe confirming the breakout. Believe it or not I am neutral. The reason I am not bullish are the little gaps below. So the morning watch is on:

In the red box: