Friday, August 21, 2015

primo


An example of The Pattern in March, gapping from 2 to 2.20, and it did produce an up day, or, well, two of them, but it was also late and high and only gained like 20%. It's not down though, just going sideways, and it looks good to do something, some time. An example of the pattern earlier in March, too, and from there it doubled before making a top. An example of the pattern in February and from there it easily doubled.



OK, it's a big wedge. I'm not sure wedges are that significant, but, we can watch it.



It basically made the pattern twice when it was trading under 12. And now it's not a bad looking stock, really.



It's certainly a pattern. It's up right now, but what happens if you buy something like this at, $2.50? I guess I'm a little skeptical. Maybe it'll make The Pattern, some time.