Candlestick Charting--The unknown indicator Message Board

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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: MonsieurGonzo who wrote (644)	11/18/1997 9:50:00 PM
From: ted birnbaum	Read Replies (1) of 1589

Agreed todays candle for DELL says TOP on the very short term ( looking at the day candles) the weekly candle looks like a shooting star need to see the next one. The funny thing about candles is news trumps candles but its amazing how candles predict the news sometimes. Or maybe not if you believe in leaks and insider info. Btw take a look at the weekly chart for CTXS you see a very similar pattern but the gap up is much less. The daily is looking much better today (if you are short).

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