GLF

The stop was well defined and pretty close when I was thinking about buying it in mid October, and it did get stopped out. Then it was a buy when it turned green on the second day in November, with a stop below the bottom of that green bar - just in retrospect - and at the bottom of the green bar seven days into November, on the eighth day, if your stop was below the green bar three days into November, and then seven days into December it clearly signalled a buy for the morning of the eighth day, at the high of the signalling (green) bar, with a stop below the low of the signalling (green) bar, and that was very timely. As for selling at that point, well, two equal big green bars, but would there be a third or something? The second did carry above the October tops, and the next morning it could have been sold at the price of the top of that bar, which, of course, would have been ideal, except if the rally carried further it would have been painful. At any rate, once the big red bar was in place, the sell signal was definitive - this is how I read it - and then, with a small amount of patience, we would have been rewarded with the green bar almost to the $2.50 top, and the chance to sell the next morning at a good price.

Granted, there's a question: is it setting up right now to carry towards $4? $4 is a prominent target in the history, and the pattern right now could turn into a wedge. Thinking it over, whether it does become a wedge or not is a question that won't be answered for another several days.
f   y   m
instant return to 7 is what i predict. now what will the actual bottom look like???? thisisn't bad, but i'm not quite completely convinced.