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 (1067)	1/12/1998 11:29:00 AM
From: Gerald Walls	Read Replies (1) of 1589

yes. However: note that there is no support on the chart under ~19. Being as I'm holding INVX with a loss I'm very aware of this. INVX opened at 20 and quickly ran down to 18-3/8 this morning. Now it's bounced back up to 21-3/4. Short covering when it failed to fall farther, perhaps? Shake-outs often end with a spike just below previous support...

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