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

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To: RangeRover who wrote (1443)11/23/1998 12:28:00 AM
From: Sherman Chen  Read Replies (1) of 1589
 
To me, CSCO looks like it's at an all time high, and Thursday had a shooting star (or gravestone doji), followed by a small hanging man on Friday. Somebody else can probably interpret the candlesticks better than me, but it does look somewhat bearish, at least for the very short term. I hate to ever bet against CSCO though, unless it is for the very short term.
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