question: what is the "inverse ostrich pattern"?
answer: a bullish reversal move wherein the macd histogram's direction changed from pointing south to pointing north ... just like an ostrich rearing its head back up from under the sand (the opposite of the ostrich pattern) ..
source: The Ninja Stock Monitor: CPG (12 feb 2013)
you may also want to read: the "inverse ostrich pattern" illustrated
these are my Philippine Stock Exchange/PSE trading notes ... by no means are these to be taken by the reader as recommendations to buy or sell ... blog contents are valid only up to the date of publication ... the views found herein are subject to change without prior notice ... dont hold and hope! but definitely follow the trend! ... i also occasionally blog about camfrog and repost articles on cats ...