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Strategies & Market Trends : Ask DrBob

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To: TraderMERL who wrote (5591)9/20/2000 6:14:56 PM
From: FLACK  Read Replies (1) of 100058
 
sorenkg, what you see on the FCEL chart on 9/12
was not an Inverted Hammer but instead a Shooting Star.
It gapped away from the long body candle of 9/11
and closed almost at its low, leaving a long upper shadow.
This is a bearish candle signal in an uptrend.
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