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SFI – Bearish 5-0

01 Aug

Bearish 5-0


SWIFT FOODS, INC. (PSE:SFI) This was a bullish shark pattern that morphed into a bearish 5-0. Fundamentals rode the bearish pattern when SFI shutdown 2 poultry plants.

This is what I see in the short chart:

Potential Buillish Gartley


If this pattern breaks down, SFI could change into a crab pattern. Let’s just discuss that when we get there.
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Posted by on August 1, 2011 in Bearish Shark, SFI

 

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