Market pattern based on the concept of monitoring the trend of strong stocks and buy on dips in price.

Requirements:
Up over last five weeks
Down over the last five days
Up (or even where Close i equal to Open) over the last (one) day
Below 50 on Williams R% (i.e. 2:1 retest)

Purchase:

Initial preservation Stop: 5¢ below current Low of the last five days
Purchase Price: 5¢ above re-test of the current day’s High
Potential targets: Re-test of the 10-day High

See http://www.youtube.com/watch?v=ZbY0fMUpRG0

551w