Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Saturday, April 14, 2012
PAAS Pan American Silver Daily Chart Oversold Falling Wedge Positive Divergence
Keystone started buying PAAS on Friday. Positive divergence exists across all indicators on both the daily and weekly charts, an awesome combination. The oversold conditions and falling wedge will help light the fuse for a wild rocket launch. Any further drop in price simply provides better long entries; she is on the launch pad and should take off to the upside at anytime. Keystone is already strapped in and ready to go. 10, 9, 8, 7,.......... This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.
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