Scotlouie25 Jun 2013 22:05
Just plotted this on Ichimoku.
Confirmed Tenken Kujin Cross on Monday, and a confirmation of bull signal today.
The Chikou span was getting into the SP candles and now has successfully crossed them to traverse into open sky.
The last 2 times an exact similar situation had occurred were
1. between 21 Feb -- 06 Mar -- A 11 Day bull run, taking the SP from from 10.75 to 17p a growth of 58%
2. between 15 Apr - 24 Apr -- 9 day bull run, taking the SP from 13.32 to 20.25 p a growth of 52 %
this has
The pertinent question is how long is this bull run going to be?
9 days or 11 days.
The other pertinent question is, where are we going ?
The first time there was disbelief so we had just a 58% increase.
The Second time, there was a doubt, so the rally ended and re started giving another 20% rise after a short dip.
Now there is no doubts about the capability of this company, so is it 9 or 11, 13 , 15. 17 or 21 ?
The answer to this is your target.