The potential breakout of wave to was evident with a gap up on Friday into new high territory, especially on the Dow. Today’s positive trading is just continuation of a new wave three potential. As long as investor sentiment continues to move the overall market in a general bullish direction, the high profit candlestick patterns, the breakout patterns, can be exploited for very high profits. That was the purpose of recommending INFN and AAOI today. Knowing what the overall market direction is doing allows for candlestick investors to exploit the high profit trades.
February 13th Daily Market Comments
The potential breakout of wave to was evident with a gap up on Friday into new high territory, especially on the Dow. Today’s positive trading is just continuation of a new wave three potential. As long as investor sentiment continues to move the overall market in a general bullish direction, the high profit candlestick patterns, the breakout patterns, can be exploited for very high profits. That was the purpose of recommending INFN and AAOI today. Knowing what the overall market direction is doing allows for candlestick investors to exploit the high profit trades.