Thursday, November 12, 2015

[PLUG] update

In the backlink we had the top level model chart below.



Below is actual.  If you are a Guardians of the Galaxy fan then you'll know what I mean when I say "ooooooohhhhh, yeaaaahhhhh..."

Needless to say, the model for the inclining double bottom is that if the left side is round then the right side should be a vee.  Thus, if the bottom is in on this, and it probably is given the confluence of support that it is sitting on, it should begin to move up strongly tomorrow.  And then rapidly move to a higher high.  Needless to say, I got back in at $1.80 today but with double the shares than I sold near $3.

Stops are very tight on this trade.




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