Tuesday, April 5, 2011

Lithium One


Lithium One has broken to out of the box described in this blog at the end of March, today moving past resistence at the $1.42 level. The 3 white candlesticks of the past 3 days supports the move forward. The 3 "advancing white soliders" represent a sign of strength ahead when looking for candle stick patterns. Relative strength (at the top) has sharply turned up as has the MACD indicator. Volume also has risen nicely with this move forward. Look for further upside potential.

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