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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (47894)	5/13/2012 6:25:42 PM
From: Mario :-)	Read Replies (1) \| Respond to of 69442

Nice outside day reversal on high volume, but this (IMHO) is not that rare Buy wiggle pattern... Edit, just saw he already answered. Duh! So I don't waste this msg :-) will add this. His Wiggle buy patter starts with outside day reversal hammer. On chart you mention there is outside day (Higher high and higher low from previous day) but hammer should have smaller body, say around 25% that one has at least 50%. But even if that reversal day is OK, you still need two more days, two more candlesticks - pattern has 3 days. Below is a chart with wiggle on it I marked it: