Monday, April 21, 2014

Black Horse scan 17 Apr

Wee Hur appeared in our black horse scan after breaking out of the symmetrical triangle pattern last Thursday, will this stock successfully breakout into an uptrend from this point onwards? With the abnormal volume pattern we see since early this year, Wee hur's chart seems suspicious of a controlled price pattern. Breakout deem to fail if price break below 0.33 from this point onwards, we will see a higher price and higher volume as a confirmation of the breakout.