September 21, 2016
Open is As Important As Close
All have said, it is the close that important. But, I think the open is also very important too. See, this week the example we picked have all started bearish, example Apple and Wynn.
Let’s US review one of the example we analyse past week.
WYNN Resorts Weekly Chart
Picture is worth a thousand words, will WYNN out of the woods, I mean ranging will all depending on this week close. If the bar close below the high of week ended 16/9, the status will remain ranging from my view point except it has spike up.
Have fun!
September 19, 2016 Wynn Resorts Limited Weekly Chart
Moses US Stock Analysis
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