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To: JRI who wrote (5617)2/12/2001 2:47:10 AM
From: Teresa Lo  Respond to of 8925
 
Instant Analysis: QQQ

ispeculator.com

We are testing the low of the January 10 tall white candle, which according to Japanese Candlestick theory, is a support level at 55.75. Below that, is the low of the hammer of January 8 at 53.50.

By the way, the bulls can make a case for Friday's candle to be a reverse hammer; however, this needs to be confirmed by Monday's price action.

Teresa