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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: Sherman Chen who wrote (614)11/8/1997 7:52:00 PM
From: MonsieurGonzo  Respond to of 1589
 
Sherman; RE: XLNX...

Yes, it is a Doji, and it is "a meeting of opposing forces", where the Bulls met the Bears head-on. There is an increased likelihood that the (3-day) DownTrend will change. No, it is not an Inverted Hammer, but OTOH, with a downside risk of -10%, and an historically low P/E = 22, XLNX looks attractive.

-Steve