Thursday, 16 August 2012

11am update - bulls trying to breakout

Whilst volume remains near zero - except for FB, where the rats are continuing to jump, the bulls are trying to break out of the 9 day range.




VIX is appearing weak again...bear flag?

A fair few will have stops 1410/12, so..we could see a mini cascade up in the next hour.

Time to 'average down' on the FB, surely, right ?