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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: MJ who wrote (7245)4/1/2005 5:30:53 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Yes, that is correct. The black stick shows that the close was lower than the open. That signals short term weakness and a possible reversal. More confirmation is needed to tell.

3-month chart shows the black candlestick:

139.142.147.218

One year chart shows the resistance form in June 2004:

139.142.147.218

Reid