Friday, June 27, 2008
Bullish Engulfing Pattern
At 9:30 am MT there is a bullish engulfing pattern on POT, MOS and AGU. Each of thesse stocks have been in a bull flag for the past six days. CF is forming a piercing line at this moment. Remember these patterns are intra-day at this point and may change before the trading day is over as there is still 4 1/2 hours left in the trading day.
The DJIA, S&P, Nasdaq and Russell (RUT have all turned lower since the open and are down at this moment.
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