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Author Topic: The highs are going down  (Read 951 times)
Capt Drake (OP)
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August 19, 2014, 04:18:20 PM
 #1

So this is my analysis of the upcoming week.




Zoomed Chart


So, the resistance is going at a lower price day after day, but the sellers are running out of fuel too.
For somebody that is going short this is great.

When the pressure ceases we'll see some sort of a rally that it can go to 700-800 USD.
Chuckee
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August 19, 2014, 04:22:18 PM
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Quote
So, the resistance is going at a lower price day after day, but the sellers are running out of fuel too.
For somebody that is going short this is great.

Agreed.

Quote
When the pressure ceases we'll see some sort of a rally that it can go to 700-800 USD.

Nooo!!! Cut your loose before it's too late!
spazzdla
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August 19, 2014, 09:41:01 PM
 #3

Hit $486.
silversmith
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August 19, 2014, 10:02:29 PM
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If I send you a chart of my girlfriends mood-swings these last couple weeks can you tell me what to expect for next week?  Smiley
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