Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (6469)	10/25/1997 12:15:00 PM
From: Gerald L. Kerr	Read Replies (2) \| Respond to of 25960

>>CYMI @ 28.13 (doji + hammer)<< From InteractiveQuotes: ************************************ Doji lines are patterns with the same open and close price. There are four special types of Doji lines. The Long-legged Doji has a long upper and lower shadows with the price in the middle of the range. It indicates indecision of traders. Hammer is a potentailly bullish pattern which occurs during a downtrend. It is named because the market is hammering out a bottom. Recognition Criteria: The long lower shadow is about two to three times of the real body. Little or no upper shadow. The real body is at the upper end of the trading range. The color of the real body is not important. **************************************** Translation...on Thursday, CYMI opened down from previous day, rose a little during the day, fell a little during the day and closed near the open (doji). On Friday, CYMI opened sharply higher, rose a little, fell a lot and closed near the open. Since the general trend for CYMI is down, Friday's behavior is a hammer, indicating a possible reversal of the general downward trend. Gerry