SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : High Tolerance Plasticity

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chowder who wrote (11547)1/8/2002 9:01:32 AM
From: chowder  Read Replies (1) of 23153
 
WHOA! Talk about black filled candles!

Does two negatives make a positive?

If you'll recall, I have mentioned that a black filled candle at the top of a trend is a very good bearish reversal pattern. It isn't 100% accurate, but it is one of the better indicators. Well, this stock has two of them, back to back.

stockcharts.com[h,a]daclyiay[pb200!b10!b50!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]]

Will they cancel each other out, or are they screaming loud and clear, "SHORT ME!"

My guess is short, but watch the first 30 minutes of action to see if confirmation comes.

Other short candidates worth looking at:

AEOS
RSTN
URBN
ACI
CC

They look to be ready for some short term profit taking, maybe more than that. Confirmation of patterns required.

dabum
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext