some one posted at tradercental that LND was/is a bullish reversal... I suck at reversal... so for academic reasons pls. pls. pls. try to explain how and when the bullish reversal is sa chart tnx so much

QUOTE:
some one posted at tradercental that LND was/is a bullish reversal... I suck at reversal... so for academic reasons pls. pls. pls. try to explain how and when the bullish reversal is sa chart :) tnx so much :)

Looking at the weekly chart of LND using candlesticks, may hammer, which is a sign of a bullish reversal. This was confirmed last week when it was followed by a white candle with HUGE as in HUGE volume (signified by buying pressure pa). Sa daily chart naman, technical indicators were slowly on the up move then. For a stock that's illuquid, bat nag-shoot up si volume agad? Something fishy was going on. Yun naman pala, LND may stock rights offer at 1.00 par, e going rate nya at the time it was announced was .78 (.84 nagsara kahapon). Why again did we see huge accumulation in volume starting last week? Mga insider nauna na makaalam sa stock rights offer Bastus.

Try to know more about candlesticks, helpful

tnx oo nga looks like candlesticks are really helpful

:idea: hmmm... sana kaya ko rin makakuha ng insider info... :twisted:

PD: i bought at .89 at anticipation of breakout. then tripled my position at 1.00

Ingat lang dito. Nanggagago ito ng mga tao.

thanks for the heads up. but i trust the charts... it's the devil behind them that i don't trust.